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Universal Electronics Inc (UEIC) Q3 2024 Earnings Call Highlights: A Return to Growth Amidst ... [Yahoo! Finance]

Universal Electronics Inc. (UEIC) 
Last universal electronics inc. earnings: 2/20 04:05 pm Check Earnings Report
US:NASDAQ Investor Relations: uei.com/investor-relations
Company Research Source: Yahoo! Finance
Operating Income: $2.6 million in Q3 2024, compared to $645,000 in Q3 2023. Net Income: $1.4 million or 10 per diluted share in Q3 2024, compared to a net loss of $658,000 or 5 per share in Q3 2023. Cash and Cash Equivalents: $26.3 million as of September 30, 2024, down from $42.8 million at December 31, 2023. SG&A Expenses: Increased to $21.1 million in Q3 2024 from $20.1 million in Q3 2023. R&D Expenses: Decreased to $7.1 million in Q3 2024 from $7.4 million in Q3 2023. Guidance for Q4 2024: Expected sales range from $99 to $109 million, with diluted earnings per share ranging from 10 to 20. Warning! GuruFocus has detected 3 Warning Signs with UEIC. Release Date: November 07, 2024 For the complete transcript of the earnings call, please refer to the full earnings call transcript Universal Electronics Inc ( NASDAQ:UEIC ) reported Q3 2024 net sales of $102 million, solidly within guidance, with a gross profit increase of 380 basis points year over year. The compan Show less Read more
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