Universal Electronics Reports Record Net Income for Fourth Quarter and Year-end 2020 Financial Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 9/19/2026
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Oil slides after China asks Iran to limit Houthi attacks on Saudi oil facilities
- Warren Buffett transitions to Berkshire’s chairman emeritus
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- S&P 500, Nasdaq advance, turning the page on a tumultuous week
- Anthropic and Accenture partner on embedded AI safety evaluation
- Wells Fargo Downgrades Netflix (NFLX) to Underweight on Engagement Risks, 'We see tougher choices ahead'
- Wells Fargo cuts Netflix rating on engagement risk, weak slate
- Is the S&P 500 in an "earnings bubble"? Goldman weighs in
Universal Electronics (UEIC) Tops Q4 EPS by 19c, Revenues Beat; Offers 1Q Revenues Guidance Below Consensus, 1Q EPS Mid-Point Guidance Below Consensus
February 18, 2021 4:17 PM ESTUniversal Electronics (NASDAQ: UEIC) reported Q4 EPS of $1.14, $0.19 better than the analyst estimate of $0.95. Revenue for the quarter came in at $156.3 million versus the consensus estimate of $153.72 million.
Financial Results for the Three Months Ended December 31: 2020 Compared to 2019
GAAP net sales were $156.3 million, compared to $174.7 million; Adjusted Non-GAAP net sales were $156.4 million, compared to $174.8 million.GAAP gross margins were 32.7%, compared to 28.5%; Adjusted Non-GAAP gross margins were 33.6%, compared to 29.3%.GAAP operating income was $12.5 million, compared to $11.5 million; Adjusted Non-GAAP operating income was $19.1 million, compared to $17.3 million.GAAP net income was... More