Universal Electronics Reports Second Quarter 2018 Financial Results
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Universal Electronics (UEIC) Reports In-Line Q2 EPS; Offers 3Q EPS/Revenue Outlook Above Consenus
August 2, 2018 4:14 PM EDTUniversal Electronics (NASDAQ: UEIC) reported Q2 EPS of $0.38, in-line with the analyst estimate of $0.38. Revenue for the quarter came in at $162.5 million versus the consensus estimate of $162.12 million.
Paul Arling, UEI's chairman and CEO, stated, As the leader in wireless universal control and sensing, we continue to create long-term growth opportunities in audio-video as well as home automation. The connected home has arrived, and the adoption of advanced, intuitive 2-way home entertainment... More
