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Universal Electronics: Q3 Earnings Snapshot
By AP News - Nov 07, 2024, 05:56 PM ET
Last Updated - Dec 16, 2024, 05:34 PM EST
SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Universal Electronics Inc. (UEIC) on Thursday reported a loss of $2.7 million in its third quarter.
On a per-share basis, the Scottsdale, Arizona-based company said it had a loss of 20 cents. Earnings, adjusted for one-time gains and costs, came to 10 cents per share.
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The remote control maker posted revenue of $102.1 million in the period.
For the current quarter ending in December, Universal Electronics expects its per-share earnings to range from 10 cents to 20 cents.
The company said it expects revenue in the range of $99 million to $109 million for the fiscal fourth quarter.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UEIC at https://www.zacks.com/ap/UEIC
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