Universal Electronics Inc. (UEIC) on Thursday reported profit of $7.2 million in its third quarter
SCOTTSDALE, Ariz. (AP) _ Universal Electronics Inc. (UEIC) on Thursday reported profit of $7.2 million in its third quarter.
The Scottsdale, Arizona-based company said it had net income of 57 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, were $1 per share.
The remote control maker posted revenue of $148.5 million in the period.
For the current quarter ending in December, Universal Electronics expects its per-share earnings to range from 75 cents to 85 cents.
The company said it expects revenue in the range of $125 million to $140 million for the fiscal fourth quarter.
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