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Universal Electronics Inc   (UEIC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 
Price: $9.5000 $0.38 4.167%
Day's High: $9.66 Week Perf: 15.71 %
Day's Low: $ 8.91 30 Day Perf: 9.07 %
Volume (M): 148 52 Wk High: $ 11.84
Volume (M$): $ 1,408 52 Wk Avg: $9.05
Open: $8.91 52 Wk Low: $7.02



 Market Capitalization (Millions $) 122
 Shares Outstanding (Millions) 13
 Employees 2,309
 Revenues (TTM) (Millions $) 420
 Net Income (TTM) (Millions $) -98
 Cash Flow (TTM) (Millions $) -24
 Capital Exp. (TTM) (Millions $) 14

Universal Electronics Inc

Universal Electronics Inc. ("UEI") was incorporated under the laws of Delaware in 1986 and began operations in 1987. The principal executive offices are located at 201 E. Sandpointe Avenue, 8th Floor, Santa Ana, California 92707.

Universal Electronics Inc. develops control and sensor technology solutions and manufactures a broad line of pre-programmed and universal remote control products, audio-video ("AV") accessories, and intelligent wireless security and automation components dedicated to redefining the home entertainment and security experience. Our offerings include the following:

easy-to-use, pre-programmed universal infrared ("IR") and radio frequency ("RF") remote controls that are sold primarily to subscription broadcasting providers (cable, satellite and IPTV), original equipment manufacturers ("OEMs"), retailers, and private label customers;

integrated circuits, on which our software and universal device control database is embedded, sold primarily to OEMs, subscription broadcasting providers, and private label customers;

software, firmware and technology solutions that can enable devices such as TVs, set-top boxes, stereos, smart phones, tablets, gaming controllers and other consumer electronic devices to wirelessly connect and interact with home networks and interactive services to control and deliver digital entertainment and information;

intellectual property which we license primarily to OEMs, software development companies, private label customers, and subscription broadcasting providers;

proprietary and standards-based RF sensors designed for residential security, safety and automation applications; and

AV accessories sold, directly and indirectly, to consumers.

Principal Products and Markets
Our principal markets are the subscription broadcast, consumer electronics and residential security markets where our customers include subscription broadcasters, OEMs, international retailers, private label brands, pro-security dealers and companies in the computing industry.


We provide subscription broadcasting providers, both domestically and internationally, with our universal remote control devices and integrated circuits, on which our software and device code database library is embedded. We also sell integrated circuits, on which our software and IR device control code database is embedded, and license our IR device control database to OEMs that manufacture televisions, digital audio and video players, streamer boxes, cable converters, satellite receivers, set-top boxes, room air conditioning equipment, game consoles, and wireless mobile phones and tablets.


We continue to place significant emphasis on expanding our sales and marketing efforts to subscription broadcasters and OEMs in Asia, Latin America and Europe. Owning and operating our own factories in the Peoples Republic of China ("PRC") has enhanced our ability to compete in the OEM and subscription broadcasting markets. In addition, we have opened subsidiaries in Brazil and Mexico, which have allowed us to increase our reach and better compete in the Central and Latin American subscription broadcast market. We plan to continue to add new sales and administrative personnel to support anticipated sales growth in international markets over the next few years.


We continue to pursue further penetration of the more traditional OEM consumer electronics markets as well as newer product categories in the mobile electronics markets such as smart phones, tablets and other mobile smart devices. Customers in these markets integrate our products and technology into their products to simplify and expand the universal control capabilities of home entertainment ecosystems. Growth in these markets has been driven by the increasing complexity of home entertainment, emerging digital technology, multimedia and interactive internet applications, and the increasing proliferation of connected smart devices offered by OEMs.



   Company Address: 15147 N. Scottsdale Road, Suite H300 Scottsdale 85254 AZ
   Company Phone Number: 530-3000   Stock Exchange / Ticker: NASDAQ UEIC
   


Customers Net Income grew by UEIC's Customers Net Profit Margin grew to

3.88 %

9.07 %

• Customers Performance • Customers Expend. • Customers Efficiency • List of Customers


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
NC   -4.12%    
• View Complete Report
   



Universal Electronics Inc

Struggling in the Smart Home Market: UEI Faces Financial Challenges in Latest Fiscal Period



Universal Electronics Inc (UEI), the global leader in wireless universal control solutions for home entertainment and smart home devices, has faced challenging times in its most recent fiscal period. The company's financial results reveal a decline in demand, leading to an increase in its deficit per share. Additionally, revenue has dropped significantly, placing UEI at a disadvantage compared to the average Consumer Electronics industry.
Declining Revenue and Increased Deficit:
During the most recent fiscal period, UEI experienced a decline in revenue of 20.043%, with revenues plummeting from $122.76 million to $98.15 million. This drop in revenue is in stark contrast to the overall trend observed in the Consumer Electronics industry, where most companies recorded a top-line gain during the same period. As a result, UEI's deficit per share grew to $-0.54 from $-0.54.

Product Service News

Universal Electronics Inc. Expands QuickSet Software for Improved Personalization and Advances Despite Revenue Decrease

Published Thu, Jan 11 2024 5:06 PM UTC

In an era where entertainment and technology converge, Universal Electronics Inc. (NASDAQ: UEIC), the worldwide frontrunner in universal control technology for smart homes and entertainment devices, recently announced the release of its latest QuickSet solution.Renowned for its innovation, Universal Electronics Inc., headquartered in Nevada, is taking a significant stride in...

Product Service News

Charting the Future of Smart Homes: UEI Unveils Comprehensive Suite of Home Controllers & Expands Partnership Ecosystem

Published Wed, Jan 10 2024 5:04 PM UTC

Universal Electronics Inc. (UEI) is once again leading the charge in the smart home technology field, systematically transforming how people interact with their connected devices on a day-to-day basis. UEI, a dominant force in the realm of universal control technology for smart home and entertainment devices, has not only recently revealed its promising new line-up of smart ...

Product Service News

UEI Advances Home Automation through Nevo Exclusivity on TIDE Thermostat Family Line; Announces Cooperation Deal with Immersion Corporation

Published Tue, Jan 9 2024 4:06 PM UTC

Universal Electronics Inc. (UEI), a leading global force in control technology for smart home & entertainment systems, is bringing a revolution by transforming its TIDE family of smart thermostats into comprehensive home controllers. The groundbreaking innovation in the climate control sphere was cemented at their firm stand number 52023 in the Venetian Expo's Smart Home Pav...

Product Service News

Universal Electronics Transforms Smart Home Market Amidst Revenue Adjustments

Published Mon, Jan 8 2024 11:13 AM UTC

In an era where technology commands our lives, Universal Electronics Inc. (NASDAQ: UEIC), an undisputed global leader in universal control technology, recently announced its intention to revolutionize control in the smart home market through its latest line-up of advanced products and technology solutions at the Consumer Electronics Show (CES). The anticipated offerings will...






 

Universal Electronics Inc's Segments
 
 
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  Revenue Outlook
Universal Electronics Inc does not provide revenue guidance.

Earnings Outlook
Universal Electronics Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




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