Universal Electronics (UEIC) Tops Q1 EPS by 9c, Revenues Beat; Offers Q2 EPS/Revenues Above Guidance
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Universal Electronics Reports First Quarter 2019 Results
May 2, 2019 4:05 PM EDTSCOTTSDALE, Ariz.--(BUSINESS WIRE)-- Universal Electronics Inc. (UEI), (NASDAQ: UEIC), the worldwide leader in sensing and control technologies for the smart home, reported financial results for the three months ended March 31, 2019.
Paul Arling, UEIs chairman and CEO, stated, During the first quarter, based on solid execution across the board, we exceeded our bottom line expectations. Demand for the connected home remains strong, and entering the second quarter, we have a wider array of customers than ever. Leading companies across the world in telecom, consumer electronics, and traditional cable and satellite are developing,... More
