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Stock impact report

Universal Electronics Reports Fourth Quarter and Year-End 2024 Financial Results

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: Business Wire
SCOTTSDALE, Ariz.--(BUSINESS WIRE)--Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and twelve months ended December 31, 2024.“UEI closed 2024 with strong performance, with sales above and earnings at the top end of our guidance range,” stated UEI Chairman and CEO Paul Arling. “Customer acquisition initiatives and long-lead design wins are coming to fruition. Our perseverance and commitment to the connected home channel is providing meaningful contribution and drove revenue growth of 13% for the fourth quarter of 2024. Combined with our ongoing cost initiatives, bottom line results improved significantly compared to the prior year quarter.”“CES 2025 was a major success. We showcased Read more
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