Universal Electronics (UEIC) Reports In-Line Q2 EPS, Offers Q3 Guidance
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Universal Electronics Reports Second Quarter 2016 Financial Results
August 4, 2016 4:08 PM EDTSANTA ANA, Calif.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and six months ended June 30, 2016.
Paul Arling, UEI's Chairman and CEO, stated, Our second quarter results reflect strong year-over-year growth in Adjusted Pro Forma sales and earnings. We are at various stages of new product introductions within our core subscription broadcast market as additional customers continue to adopt the higher end platforms. The emergence of the smart home, which reflects the convergence of home entertainment and home security devices and technologies, is also an... More
