CUI Global, Inc. Reports Unaudited Third Quarter 2018 Financial Results
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CUI Global (CUI) Tops Q3 EPS by 2c, Revenues Beat
November 7, 2018 5:45 AM ESTCUI Global (NASDAQ: CUI) reported Q3 EPS of ($0.05), $0.02 better than the analyst estimate of ($0.07). Revenue for the quarter came in at $24.7 million versus the consensus estimate of $23.51 million.
"We are pleased to report a very strong start to the second-half of the year with effective execution in our Power & Electromechanical segment and a sharp rebound in our Energy segment that resulted in higher total revenues and smaller losses on both a sequential and year-over-year basis," stated William Clough, president and CEO of CUI Global. "In our Power and Electromechanical segment, end-market demand... More
