Universal Electronics: Q4 Earnings Insights

Universal Electronics UEIC reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM.

Here's what investors need to know about the announcement.

Earnings

Universal Electronics beat estimated earnings by 800.0%, reporting an EPS of $0.07 versus an estimate of $-0.01.

Revenue was down $25.16 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.02 which was followed by a 10.57% increase in the share price the next day.

Here's a look at Universal Electronics's past performance:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.06 -0.19 -0.31 0.78
EPS Actual 0.08 -0.06 -0.28 0.44
Revenue Estimate 111.70M 109.21M 102.41M 130.59M
Revenue Actual 107.09M 107.39M 108.40M 122.76M

To track all earnings releases for Universal Electronics visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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