Universal Electronics (NASDAQ:UEIC) reported its Q2 earnings results on Thursday, August 4, 2022 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Universal Electronics beat estimated earnings by 17.86%, reporting an EPS of $0.66 versus an estimate of $0.56.
Revenue was down $11.39 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 1.64% increase in the share price the next day.
Here’s a look at Universal Electronics’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.47 | 0.67 | 1.07 | 0.92 |
| EPS Actual | 0.47 | 0.68 | 1.03 | 0.98 |
| Revenue Estimate | 139.50M | 148.24M | 162.75M | 156.33M |
| Revenue Actual | 132.41M | 144.94M | 155.62M | 150.49M |
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.
