Universal Electronics: Q4 Earnings Insights

Universal Electronics (NASDAQ:UEIC) reported its Q4 earnings results on Thursday, February 15, 2024 at 04:05 PM. Here’s what…

byBenzinga Insights

February 15, 2024

1 minute read

Universal Electronics (NASDAQ: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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