Earnings ·
Universal Electronics reports Q3 adjusted EPS of $0.17 on $89.4M in sales
UEICUniversal Electronics Inc
Universal Electronics reported third-quarter GAAP net sales of $89.4 million, a slight decrease from $90.6 million in the prior-year period. The company posted a GAAP net loss of $0.3 million, or $0.03 per diluted share, compared to an $8.3 million loss last year. Adjusted non-GAAP net income was $2.3 million, or $0.17 per diluted share, up from $0.08 per share in the same quarter of 2025. Operating expenses decreased significantly as the company reduced operational costs and inventory levels dropped by $8.2 million. Cash increased by $9.1 million to $41.4 million, supported by $16.6 million in operating cash flow through the first nine months. The company reiterated its full-year adjusted non-GAAP diluted earnings per share guidance of $0.45 to $0.65 for fiscal 2026. Universal Electronics designs and manufactures wireless universal control solutions for home entertainment and connected home markets.