Universal Electronics Inc. (UEIC) Income Statement Analysis

See more : McKesson Corporation (0JZU.L) Income Statement Analysis – Financial Results

Complete financial analysis of Universal Electronics Inc. (UEIC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Universal Electronics Inc., a leading company in the Consumer Electronics industry within the Technology sector.

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Universal Electronics Inc. (UEIC)

Industry: Consumer Electronics

Sector: Technology

Website: https://www.uei.com

About Universal Electronics Inc.

Universal Electronics Inc. designs, develops, manufactures, and sells pre-programmed and universal control products, audio-video (AV) accessories, and intelligent wireless security and smart home products for video services, consumer electronics, security, home automation, climate control, and home appliance markets. The company offers universal radio frequency (RF) and infrared remote controls primarily for sale to video service providers, original equipment manufacturers (OEMs), retailers, and private label customers; integrated circuits on which its software and universal device control database is embedded for sale to OEMs, video service providers, and private label customers; and software, firmware, and technology solutions that enable devices, such as televisions, set-top boxes, audio systems, smart speakers, game consoles, and other consumer electronic and smart home devices to connect and interact with home networks and interactive services to control and deliver home entertainment, smart home services, and device or system information. It also provides cloud-services that support its embedded software and hardware solutions; intellectual property that the company licenses principally to OEMs and video service providers; RF sensors for residential security, safety, and home automation applications; wall-mount and handheld thermostat controllers and connected accessories for intelligent energy management systems, primarily to OEM customers, as well as hotels and hospitality system integrators; and AV accessories to consumers, including universal remote controls, television wall mounts, and stands and digital television antennas. The company also serves through a network of national and regional distributors and dealers. It sells its products under the One For All brand in the United States, the People's Republic of China, rest of Asia, Europe, Latin America, and internationally. The company was incorporated in 1986 and is headquartered in Scottsdale, Arizona.

Metric	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005	2004	2003	2002	2001	2000	1999	1998	1997	1996	1995	1994	1993	1992	1991
Revenue	420.46M	542.75M	601.60M	614.68M	753.48M	680.24M	695.79M	651.37M	602.83M	562.33M	529.35M	463.09M	468.63M	331.78M	317.55M	287.10M	272.68M	235.85M	181.35M	158.38M	120.47M	103.89M	119.03M	124.74M	105.09M	96.10M	114.30M	98.60M	105.10M	96.40M	89.00M	50.80M	22.50M
Cost of Revenue	322.90M	390.46M	428.59M	438.42M	583.27M	538.44M	530.08M	487.25M	436.08M	395.43M	377.89M	329.65M	338.57M	227.93M	215.94M	190.91M	173.33M	149.97M	114.22M	96.80M	74.17M	62.24M	69.96M	69.38M	58.10M	57.30M	76.60M	71.30M	73.00M	66.70M	50.70M	27.70M	12.80M
Gross Profit	97.56M	152.29M	173.02M	176.26M	170.20M	141.80M	165.71M	164.12M	166.75M	166.90M	151.46M	133.44M	130.06M	103.85M	101.61M	96.19M	99.35M	85.88M	67.13M	61.58M	46.30M	41.66M	49.07M	55.36M	46.99M	38.80M	37.70M	27.30M	32.10M	29.70M	38.30M	23.10M	9.70M
Gross Profit Ratio	23.20%	28.06%	28.76%	28.67%	22.59%	20.85%	23.82%	25.20%	27.66%	29.68%	28.61%	28.81%	27.75%	31.30%	32.00%	33.50%	36.44%	36.41%	37.02%	38.88%	38.43%	40.10%	41.23%	44.38%	44.72%	40.37%	32.98%	27.69%	30.54%	30.81%	43.03%	45.47%	43.11%
Research & Development	31.28M	32.45M	30.92M	31.45M	29.41M	23.82M	21.42M	19.85M	18.14M	16.98M	16.45M	14.15M	12.27M	10.71M	8.69M	8.16M	8.82M	7.41M	6.58M	5.87M	4.70M	4.45M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
General & Administrative	0.00	0.00	0.00	0.00	0.00	119.65M	127.48M	118.88M	112.69M	108.65M	102.86M	93.08M	91.22M	71.84M	70.97M	67.27M	64.08M	59.95M	48.87M	42.17M	33.03M	30.22M	33.06M	33.33M	30.41M	26.70M	30.10M	28.60M	28.70M	0.00	0.00	0.00	0.00
Selling & Marketing	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
SG&A	98.49M	105.29M	118.85M	107.54M	125.48M	119.65M	127.48M	118.88M	112.69M	108.65M	102.86M	93.08M	91.22M	71.84M	70.97M	67.27M	64.08M	59.95M	48.87M	42.17M	33.03M	30.22M	33.06M	33.33M	30.41M	26.70M	30.10M	28.60M	28.70M	35.20M	30.10M	17.50M	7.50M
Other Expenses	53.09M	-955.00K	-557.00K	-1.40M	-995.00K	-4.46M	-848.00K	840.00K	-7.00K	-840.00K	-3.17M	-1.41M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	3.78M	3.62M	2.60M	2.10M	1.60M	1.30M	900.00K	500.00K	200.00K	100.00K
Operating Expenses	190.82M	137.74M	149.76M	138.99M	154.89M	143.47M	148.89M	138.73M	130.83M	125.62M	119.31M	107.24M	103.49M	82.55M	79.67M	75.43M	72.90M	67.36M	55.45M	48.04M	37.73M	34.67M	33.06M	37.11M	34.02M	29.30M	32.20M	30.20M	30.00M	36.10M	30.60M	17.70M	7.60M
Cost & Expenses	505.76M	528.20M	578.35M	577.41M	738.16M	681.91M	678.98M	625.97M	566.91M	521.05M	497.20M	436.89M	442.05M	310.48M	295.60M	266.34M	246.23M	217.33M	169.67M	144.84M	111.89M	96.91M	103.02M	106.50M	92.12M	86.60M	108.80M	101.50M	103.00M	102.80M	81.30M	45.40M	20.40M
Interest Income	0.00	2.20M	566.00K	178.00K	382.00K	310.00K	0.00	251.00K	0.00	0.00	0.00	0.00	0.00	0.00	471.00K	3.02M	3.10M	1.40M	500.00	500.00	583.53M	594.88M	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Interest Expense	4.33M	2.20M	566.00K	1.60M	4.30M	5.00M	2.53M	1.30M	63.00K	11.00K	51.00K	151.00K	270.00K	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00
Depreciation & Amortization	22.93M	24.03M	26.75M	29.74M	31.93M	33.60M	31.36M	26.97M	20.45M	18.24M	18.36M	17.61M	17.34M	8.06M	6.80M	6.08M	4.68M	4.19M	3.70M	3.09M	3.36M	3.70M	4.10M	3.78M	3.62M	2.60M	2.10M	1.60M	1.30M	900.00K	500.00K	200.00K	100.00K
EBITDA	-1.66M	38.58M	50.00M	67.00M	47.24M	31.94M	41.18M	53.46M	56.37M	59.52M	50.52M	43.82M	43.91M	21.30M	28.75M	26.85M	31.13M	22.70M	15.38M	16.82M	11.93M	10.68M	20.11M	22.03M	16.58M	12.10M	7.60M	-1.30M	3.40M	-5.50M	8.20M	5.60M	2.20M
EBITDA Ratio	-0.40%	7.11%	9.32%	9.36%	6.27%	-0.74%	7.80%	8.04%	9.35%	10.59%	9.54%	9.46%	9.60%	8.69%	9.13%	9.24%	11.41%	9.84%	7.29%	10.84%	9.62%	10.05%	16.77%	17.26%	15.74%	12.70%	19.60%	-0.51%	3.62%	6.43%	8.99%	12.01%	9.78%
Operating Income	-85.30M	14.55M	23.25M	27.80M	15.32M	-1.67M	10.67M	25.40M	35.92M	41.28M	32.15M	26.20M	26.58M	21.30M	21.95M	20.76M	26.45M	18.52M	11.68M	13.54M	8.57M	6.98M	16.01M	18.24M	12.97M	9.50M	5.50M	-2.90M	2.10M	-6.40M	7.70M	5.40M	2.10M
Operating Income Ratio	-20.29%	2.68%	3.87%	4.52%	2.03%	-0.24%	1.53%	3.90%	5.96%	7.34%	6.07%	5.66%	5.67%	6.42%	6.91%	7.23%	9.70%	7.85%	6.44%	8.55%	7.12%	6.72%	13.45%	14.62%	12.34%	9.89%	4.81%	-2.94%	2.00%	-6.64%	8.65%	10.63%	9.33%
Total Other Income/Expenses	-6.95M	-3.16M	-7.17M	6.64M	-4.91M	27.83M	-3.38M	-209.00K	56.00K	-829.00K	-3.12M	-1.56M	-1.35M	557.00K	230.00K	3.33M	3.11M	903.00K	3.00M	182.56K	921.69K	834.12K	1.13M	1.42M	150.65K	-600.00K	-15.40M	-1.70M	-1.60M	-12.70M	100.00K	-1.10M	-300.00K
Income Before Tax	-92.25M	11.39M	16.08M	43.91M	10.40M	26.17M	7.29M	25.19M	35.98M	40.45M	29.04M	24.64M	25.23M	21.86M	22.18M	24.09M	29.56M	19.42M	14.67M	13.72M	9.50M	7.81M	17.14M	19.66M	13.12M	8.90M	-9.90M	-4.60M	500.00K	-19.10M	7.80M	4.30M	1.80M
Income Before Tax Ratio	-21.94%	2.10%	2.67%	7.14%	1.38%	3.85%	1.05%	3.87%	5.97%	7.19%	5.49%	5.32%	5.38%	6.59%	6.98%	8.39%	10.84%	8.23%	8.09%	8.66%	7.88%	7.52%	14.40%	15.76%	12.48%	9.26%	-8.66%	-4.67%	0.48%	-19.81%	8.76%	8.46%	8.00%
Income Tax Expense	5.98M	10.99M	10.78M	5.33M	6.77M	14.24M	17.61M	4.80M	6.80M	7.92M	6.07M	8.09M	5.29M	6.78M	7.50M	8.28M	9.33M	5.90M	4.97M	4.61M	3.23M	1.88M	5.86M	8.06M	5.38M	3.30M	-3.40M	-2.30M	200.00K	-6.30M	2.90M	1.70M	700.00K
Net Income	-98.24M	407.00K	5.30M	38.57M	3.63M	11.92M	-10.32M	20.35M	29.17M	32.53M	22.96M	16.55M	19.95M	15.08M	14.68M	15.81M	20.23M	13.52M	9.70M	9.11M	6.27M	5.94M	11.29M	11.60M	7.74M	5.60M	-6.50M	-2.30M	300.00K	-12.80M	4.90M	2.60M	1.10M
Net Income Ratio	-23.36%	0.07%	0.88%	6.28%	0.48%	1.75%	-1.48%	3.12%	4.84%	5.79%	4.34%	3.57%	4.26%	4.55%	4.62%	5.51%	7.42%	5.73%	5.35%	5.75%	5.20%	5.72%	9.48%	9.30%	7.37%	5.83%	-5.69%	-2.33%	0.29%	-13.28%	5.51%	5.12%	4.89%
EPS	-7.64	0.03	0.39	2.78	0.26	0.85	-0.72	1.41	1.91	2.06	1.51	1.11	1.34	1.10	1.07	1.13	1.40	0.98	0.72	0.67	0.46	0.43	0.82	0.84	0.29	0.22	-0.51	-0.18	0.02	-0.95	0.22	0.19	0.09
EPS Diluted	-7.64	0.03	0.39	2.72	0.26	0.85	-0.72	1.38	1.88	2.01	1.47	1.10	1.31	1.07	1.05	1.09	1.33	0.94	0.69	0.65	0.45	0.42	0.78	0.78	0.28	0.22	-0.51	-0.18	0.02	-0.95	0.21	0.19	0.09
Weighted Avg Shares Out	12.86M	12.70M	13.47M	13.89M	13.88M	13.95M	14.34M	14.47M	15.25M	15.78M	15.25M	14.95M	14.91M	13.76M	13.67M	14.02M	14.41M	13.82M	13.46M	13.57M	13.70M	13.79M	13.84M	13.74M	26.62M	25.55M	12.62M	12.81M	13.50M	13.48M	13.27M	30.00M	12.22M
Weighted Avg Shares Out (Dil)	12.86M	12.78M	13.74M	14.17M	14.11M	14.06M	14.35M	14.76M	15.54M	16.15M	15.60M	15.11M	15.21M	14.11M	13.97M	14.46M	15.18M	14.43M	13.99M	14.10M	14.01M	14.16M	14.52M	14.94M	28.25M	26.40M	12.62M	12.81M	13.50M	13.48M	13.27M	30.00M	12.22M

Universal Electronics upgraded to Buy from Neutral at B. Riley

November 11, 2024https://thefly.com

B. Riley upgraded Universal Electronics to Buy from Neutral with a price target of $14, up from $11, following the Q3 report. The company's legacy home entertainment business is normalizing at a new level following years of deep declines, the...

Universal Electronics Inc. (UEIC) Q3 2024 Earnings Call Transcript

November 9, 2024seekingalpha.com

Universal Electronics Inc. (NASDAQ:UEIC ) Q3 2024 Earnings Conference Call November 7, 2024 4:30 PM ET Company Participants Kirsten Chapman - Alliance Advisors Investor Relations Paul Arling - Chairman & Chief Executive Officer Bryan Hackworth - Chief Financial Officer Conference...

Universal Electronics (UEIC) Q3 Earnings and Revenues Miss Estimates

November 7, 2024zacks.com

Universal Electronics (UEIC) came out with quarterly earnings of $0.10 per share, missing the Zacks Consensus Estimate of $0.15 per share. This compares to earnings of $0.08 per share a year ago.

Universal Electronics Inc. to Host Third Quarter 2024 Financial Results Conference Call on November 7th

October 24, 2024businesswire.com

SCOTTSDALE, Ariz.--(BUSINESS WIRE)---- $UEIC #ConsumerElectronics--Universal Electronics Inc. to Host Third Quarter 2024 Financial Results Conference Call on November 7th.

Universal Electronics (UEIC) Soars 8.5%: Is Further Upside Left in the Stock?

September 16, 2024zacks.com

Universal Electronics (UEIC) was a big mover last session on higher-than-average trading volume. The latest trend in earnings estimate revisions might not help the stock continue moving higher in the near term.

Universal Electronics Stock: Buy This Turnaround Story After The Recent Dip

August 26, 2024seekingalpha.com

As seen with its recent post-earnings plunge, investors remain skeptical about a Universal Electronics comeback. However, the latest results suggest that UEIC's turnaround is starting to take shape. There may be other potential catalysts at play as well. Add in...

Universal Electronics Inc. (UEIC) Q2 2024 Earnings Call Transcript

August 8, 2024seekingalpha.com

Universal Electronics Inc. (NASDAQ:UEIC ) Q2 2024 Earnings Conference Call August 8, 2024 4:30 PM ET Company Participants Kirsten Chapman - LHA Investor Relations Paul Arling - Chairman & Chief Executive Officer Bryan Hackworth - Chief Financial Officer Conference Call...