Universal Electronics (NASDAQ:UEIC) Posts Earnings Results, Misses Estimates By $0.07 EPS

Universal Electronics (NASDAQ:UEIC) issued its quarterly earnings results on Monday. The technology company reported ($0.10) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.03) by ($0.07), FiscalAI reports. The company had revenue of $79.04 million during the quarter, compared to the consensus estimate of $73.86 million. Universal Electronics had a negative return on equity of 0.47% and a negative net margin of 5.05%.

Here are the key takeaways from Universal Electronics’ conference call:

• Company revenue was $79.0 million, down 14.4% year‑over‑year, with both Home Entertainment and Connected Home reporting declines due to weaker demand and delayed customer deployments.
• Margins remained under pressure—adjusted non‑GAAP gross margin fell to 26.1% from 28.3% and the company reported an adjusted non‑GAAP operating loss of $1.6 million, driven by unfavorable product mix, delayed high‑margin rollouts, tariffs, and commodity/memory cost issues.
• Management executed structural cost actions that reduced operating expenses by $5.3 million year‑over‑year and expects approximately $5 million of annualized labor cost savings (with ~ $1.3 million of one‑time severance).
• R&D spending was tightened to $5.4 million (down from $7.2M) as UEI narrows focus to initiatives with clearer paths to accretive returns and core platforms, preserving capability while reducing longer‑shot projects.
• Working capital improved—inventory fell by $9.8 million, accounts receivable declined, cash stood at $29.8 million, and the company reaffirmed full‑year adjusted non‑GAAP diluted EPS guidance of $0.45–$0.65 (vs $0.31 in FY2025).

Universal Electronics Price Performance

Shares of NASDAQ:UEIC remained flat at $4.30 during midday trading on Monday. 45,568 shares of the company were exchanged, compared to its average volume of 59,268. Universal Electronics has a fifty-two week low of $2.69 and a fifty-two week high of $7.50. The company’s 50 day simple moving average is $4.14 and its two-hundred day simple moving average is $3.80. The stock has a market cap of $54.22 million, a PE ratio of -3.07 and a beta of 1.23.

Institutional Trading of Universal Electronics

Several institutional investors have recently added to or reduced their stakes in UEIC. Kent Lake PR LLC increased its stake in Universal Electronics by 17.2% during the second quarter. Kent Lake PR LLC now owns 1,260,642 shares of the technology company’s stock valued at $8,345,000 after purchasing an additional 185,014 shares during the last quarter. Ameriprise Financial Inc. increased its stake in Universal Electronics by 23.2% during the second quarter. Ameriprise Financial Inc. now owns 875,458 shares of the technology company’s stock valued at $5,796,000 after purchasing an additional 164,617 shares during the last quarter. Renaissance Technologies LLC increased its stake in Universal Electronics by 35.7% during the fourth quarter. Renaissance Technologies LLC now owns 212,652 shares of the technology company’s stock valued at $768,000 after purchasing an additional 55,929 shares during the last quarter. Bridgeway Capital Management LLC increased its stake in Universal Electronics by 17.1% during the fourth quarter. Bridgeway Capital Management LLC now owns 158,583 shares of the technology company’s stock valued at $572,000 after purchasing an additional 23,100 shares during the last quarter. Finally, Man Group plc increased its stake in Universal Electronics by 31.1% during the second quarter. Man Group plc now owns 94,259 shares of the technology company’s stock valued at $624,000 after purchasing an additional 22,343 shares during the last quarter. Institutional investors own 79.35% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently issued reports on UEIC shares. Wall Street Zen upgraded shares of Universal Electronics from a “hold” rating to a “buy” rating in a research note on Saturday, March 21st. Weiss Ratings upgraded shares of Universal Electronics from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Wednesday, April 22nd. Two analysts have rated the stock with a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Universal Electronics currently has a consensus rating of “Reduce” and an average target price of $5.75.

About Universal Electronics

Universal Electronics Inc (NASDAQ:UEIC) is a leading provider of sensing and control technologies for the smart home and consumer electronics markets. The company specializes in design, development and manufacturing of remote control devices, wireless connectivity modules and integrated sensing solutions. Its core expertise lies in infrared (IR) and radio frequency (RF) remote controls, voice-enabled control devices and universal remotes that allow consumers to manage multiple home entertainment and automation systems through a single interface.

In addition to traditional remote control products, Universal Electronics has expanded its portfolio to include Internet of Things (IoT) gateways, home-automation hubs and cloud-based management platforms.