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Universal Electronics Inc   (UEIC)
Other Ticker:  
 
    Sector  Technology    Industry Consumer Electronics
   Industry Consumer Electronics
   Sector  Technology
 
Price: $9.0500 $0.06 0.667%
Day's High: $9.26 Week Perf: 0.00
Day's Low: $ 8.83 30 Day Perf: 2.38 %
Volume (M): 39 52 Wk High: $ 25.91
Volume (M$): $ 348 52 Wk Avg: $14.30
Open: $9.06 52 Wk Low: $7.59



 Market Capitalization (Millions $) 116
 Shares Outstanding (Millions) 13
 Employees 2,309
 Revenues (TTM) (Millions $) 486
 Net Income (TTM) (Millions $) -71
 Cash Flow (TTM) (Millions $) 10
 Capital Exp. (TTM) (Millions $) 21

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.



   Company Address: 15147 N. Scottsdale Road, Suite H300 Scottsdale 85254 AZ
   Company Phone Number: 530-3000   Stock Exchange / Ticker: NASDAQ UEIC
   UEIC is expected to report next financial results on November 03, 2023.


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

34.45 %

13.46 %

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


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
NC   -1.02%    
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The recently released financial results of a Consumer Electronics company for the financial span ending July 31, 2023, have presented a mixed bag of outcomes. Despite a promising rise in revenue by 9.994% year on year, reaching $53.29 million, the company failed to break even, recording a shortfall per share of $-0.14. These results have come as a surprise in an industry facing a decline in top-line performance. This article explores the implications of these facts for the future prospects of the company.
Revenue Growth Amidst Industry Decline:
In contrast to the wider Consumer Electronics industry's top-line decline of -14.14%, this specific company managed to achieve revenue growth. However, this positive trend is not enough to fully offset the declining state of the industry. While revenue increased by 1.118% compared to the prior reporting period, it still falls short of turning the overall financial situation around.

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What truly caught investors' attention was the substantial growth in revenue, which surged by 23.031% to reach an impressive $1.07 billion. This is particularly significant considering the broader Consumer Electronics sector experienced a concerning 16.27% reduction in top-line revenue during the same period.

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Akoustis Technologies Inc, a consumer electronics company, has reported an impressive fourth quarter financial performance. The company experienced a significant increase in revenue, rising by 83.004% to $8.33 million. This rise in revenue helped to reduce losses to $-0.21 per share, compared to $-0.30 per share in the same quarter of the previous year.
The performance of Akoustis Technologies Inc has come as a surprise, as the rest of the consumer electronics industry has witnessed a decline of 16.27% in business. The company's revenue growth sets it apart from its competitors and indicates its strong position in the market.

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Aviat Networks Inc, a consumer electronics company, recently released its financial report for the period ending June 30, 2023. Despite experiencing a significant rise in revenue of 17.225% to $90.76 million, the company's profitability deteriorated. Earnings per share dropped by -32.45% to $0.26 per share compared to the previous year's figures.
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