Recap: Universal Electronics Q1 Earnings

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:

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.