Universal Electronics UEIC reported its Q1 earnings results on Thursday, May 4, 2023 at 04:05 PM.
Here's what investors need to know about the announcement.
Earnings
Universal Electronics beat estimated earnings by 9.68%, reporting an EPS of $-0.28 versus an estimate of $-0.31.
Revenue was down $24.01 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.34 which was followed by a 33.01% drop in the share price the next day.
Here's a look at Universal Electronics's past performance:
Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
---|---|---|---|---|
EPS Estimate | 0.78 | 0.74 | 0.56 | 0.47 |
EPS Actual | 0.44 | 1 | 0.66 | 0.47 |
Revenue Estimate | 130.59M | 149.02M | 137.79M | 139.50M |
Revenue Actual | 122.76M | 148.48M | 139.10M | 132.41M |
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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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