Universal Electronics Inc
NASDAQ:UEIC
Universal Electronics Inc
Universal Electronics, Inc. engages in the design, development, and trade of control and sensor technology solutions. The company is headquartered in Scottsdale, Arizona and currently employs 3,945 full-time employees. The firm designs, develops, manufactures, ships and supports control and sensor technology solutions. The firm offers universal control systems, audio video accessories, and intelligent wireless security and smart home products. The Company’s products and solutions include video services, consumer electronics, security, home automation, climate control and home appliance markets. The firm distributes remote control devices, integrated circuits, sensors, connected thermostats and audio-video (AV) accessories directly to video and security service providers and original equipment manufacturers (OEMs), both domestically and internationally. The company also distributes home security sensors and connected thermostats to pro-security installers and hospitality system integrators in the United States and Europe.
Universal Electronics, Inc. engages in the design, development, and trade of control and sensor technology solutions. The company is headquartered in Scottsdale, Arizona and currently employs 3,945 full-time employees. The firm designs, develops, manufactures, ships and supports control and sensor technology solutions. The firm offers universal control systems, audio video accessories, and intelligent wireless security and smart home products. The Company’s products and solutions include video services, consumer electronics, security, home automation, climate control and home appliance markets. The firm distributes remote control devices, integrated circuits, sensors, connected thermostats and audio-video (AV) accessories directly to video and security service providers and original equipment manufacturers (OEMs), both domestically and internationally. The company also distributes home security sensors and connected thermostats to pro-security installers and hospitality system integrators in the United States and Europe.
Revenue Miss: Q3 revenue was $90.6 million, coming in slightly below expectations due to market and inventory headwinds.
Profitability Maintained: Despite lower sales, gross margin held at 29.1%, and EPS was $0.08, within guidance.
Strong Cash Generation: Net cash position increased by $9.1 million in Q3, with $10.1 million in operating cash flow.
Cost Control Actions: Facility closures, workforce reductions, and expense cuts are expected to yield $5 million in annualized savings starting Q4.
Connected Home Growth: Connected home revenue grew 13% in Q3, but guidance calls for a Q4 decline; full-year growth still expected at 12–16%.
Guidance Lowered: Q4 revenue and EPS are expected to be down year-over-year due to fluctuating order patterns and lingering tariff impacts.
Innovation Emphasis: New product launches and software wins, including the TIDE Touch platform and QuickSet homeSense, are gaining traction for 2026.
Leadership Search Ongoing: CEO and CFO roles remain interim, with a search in progress for a permanent CFO.
