B. Riley Upgrades Universal Electronics (UEIC) to Buy

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Go back to B. Riley Upgrades Universal Electronics (UEIC) to Buy

Universal Electronics (UEIC) Tops Q3 EPS by 2c; Issues Light Q4 Outlook

November 3, 2016 5:09 PM EDT

Universal Electronics (NASDAQ: UEIC) reported Q3 EPS of $0.94, $0.02 better than the analyst estimate of $0.92. Revenue for the quarter came in at $169.2 million versus the consensus estimate of $173.98 million.

GUIDANCE:

Universal Electronics sees Q4 2016 EPS of $0.66-$0.76, versus the consensus of $1.08.... More