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Universal Electronics Inc - UEIC STOCK NEWS

Welcome to our dedicated page for Universal Electronics news (Ticker: UEIC), a resource for investors and traders seeking the latest updates and insights on Universal Electronics stock.

Universal Electronics Inc. (NASDAQ: UEIC) is a leading innovator in universal control and sensing technologies tailored for the smart home ecosystem. With a robust portfolio of over 300 pending and current patents, UEIC boasts the world's most comprehensive database for connecting and controlling thousands of entertainment viewing devices.

Founded over 25 years ago, the company's mission has always been to revolutionize home entertainment and automation. UEIC designs, develops, manufactures, and ships an impressive variety of more than 500 innovative products. These products are integral to the offerings of top global brands in sectors such as audio-video, subscription broadcasting, connected home, and smart devices like tablets and smartphones.

Beyond entertainment, UEIC has expanded its technological reach. In 2015, the company broadened its platform to include advancements in home automation, intelligent sensing, and security solutions. This forward-thinking approach ensures that UEIC remains at the forefront of the rapidly evolving home technology industry.

One of UEIC's significant strengths is its extensive global network of design and development services. This network enables continuous innovation and improvement of their product lines, cementing the company's reputation as an industry leader. Financially, the majority of UEIC's revenue is generated in the United States, reflecting its strong domestic presence and market trust.

In recent developments, UEIC has embarked on several new projects aimed at enhancing smart home capabilities. These initiatives include advanced climate control systems and next-generation AV accessories, designed to provide consumers with unparalleled control and convenience in their home environments.

UEIC's commitment to innovation and quality has transformed home entertainment and automation technologies, offering consumers seamless, integrated experiences that enhance their everyday lives.

News

Universal Electronics Inc. to Participate in the Sidoti Small-Cap Conference on March 13-14, 2024

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Universal Electronics Inc. (UEI) to attend Sidoti Small-Cap Conference on March 13-14, 2024. Chairman and CEO Paul Arling and CFO Bryan Hackworth to present. Webcast available on www.uei.com.
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Universal Electronics Reports Fourth Quarter and Year-End 2023 Financial Results

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Universal Electronics Inc. (UEI) reports financial results for Q4 and full year 2023, highlighting growth in home automation and climate control sectors. The company plans to continue its share repurchase program and pursue legal action against Roku for patent infringement. Financially, UEI saw a decline in net sales and gross margins for both Q4 and full year 2023, with a significant non-cash charge impacting GAAP operating income and net income. The company expects a range of net sales and loss per share for Q1 2024.
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Universal Electronics Inc. to Host Fourth Quarter and Full Year 2023 Financial Results Conference Call on February 15th

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Universal Electronics Inc. (UEI) will host a conference call to discuss its fourth quarter and full year 2023 financial results. The call will be held on Thursday, February 15, 2024, at 4:30 p.m. ET and will provide a financial and business update.
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Universal Electronics Announces U.S. Court of Appeals Affirms Ban on Import and Sale of Roku Infringing Products

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Universal Electronics Inc. (UEI) has announced that the U.S. Court of Appeals for the Federal Circuit has affirmed a prior ruling by the U.S. International Trade Commission, which banned the importation and sale of various streaming products by Roku, Inc. that infringe UEI’s patent. The ruling confirms that Roku will not be able to import or sell any infringing products in the United States until UEI's key patent expires in 2032. This decision paves the way for UEI to return to the U.S. District Court and collect money damages for the infringing activities of Roku and its TV partners.
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UEI Announces QuickSet® Software Expansion for Better Entertainment and Increased Engagement through Personalization

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Universal Electronics Inc. (NASDAQ: UEIC) announced the release of its latest QuickSet® solution, expanding content discovery, control, and interaction across millions of devices and households. The new QuickSet Cloud feature increases user engagement, supports Matter smart homes, integrates across UEI's new product portfolio, and delivers better end-user support.
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UEI Announces a Better Smart Home Control Experience with a Complete Line-Up of White Label Smart Home Hubs & Sensors

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Universal Electronics Inc. (NASDAQ: UEIC) announced its family of UEI Butler™ Smart Home Control Hubs at the Consumer Electronics Show. The products, powered by QuickSet® Cloud, enable Discovery, Control and Interaction across connected devices in the home to create smarter living. The hubs bring interoperability covering a wide range of wireless protocols including legacy IR, Zigbee, Bluetooth, and IP devices as well as the fast-growing Matter-compatible device category. UEI's QuickSet Cloud Enhancement leverages powerful device discovery and configuration abilities, working with any Zigbee-enabled nodes or UEI-developed sensors with complete rule-based automation and scene creation features. The UEI Butler Family of Smart Hubs Lineup includes Nevo Butler Entertainment Companion, Butler Zigbee Hub, Butler Matter Bridge, and Butler Smart Hub, offering a comprehensive range of smart home control solutions.
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UEI Introduces Nevo® on TIDE™ Smart Thermostat Family to Create a Whole Home Controller Platform

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Universal Electronics Inc. (NASDAQ: UEIC) enables whole home control inside its TIDE line of smart thermostats, transforming them into a smart home dashboard. The company's innovation offers expanded convenience and utility for climate control devices, addressing legacy and new devices to create a personalized experience in any smart home. The smart thermostats can operate as the primary 'always-on screen' in the home, providing a control interface for home devices and services. Powered by UEI's QuickSet Cloud, it blends smart home and entertainment control across UEI's full line of TIDE Family of products, including UEI TIDE Dial and UEI TIDE Touch.
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UEI Announces Major Expansion to the UEI TIDE™ Family of Smart Thermostats

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Universal Electronics Inc. (NASDAQ: UEIC) introduces four new products and two new accessories at the 2024 International Consumer Electronics Show. The new products include TIDE Dial M, TIDE Dial M with Scene Controller Pack, TIDE Bridge+, and TIDE Bridge+IAQ, along with Smart TRV and C-wire adapter accessories. These offerings aim to address major industry and consumer pain points and provide an all-in-one smart home control service, expanding the UEI TIDE climate control family's portfolio.
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UEI Re-Imagines Smart Home Control Through an Expanded Portfolio of Connected Products and Technology Solutions at CES

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Universal Electronics Inc. (NASDAQ: UEIC) presents its latest products and technologies at the 2024 International Consumer Electronics Show. The company showcases a broad range of climate control products, smart home hubs, software solutions for smart home and entertainment interoperability, sustainable remote controls, and audio video accessories. UEI also sponsors the CONNECTIONS SUMMIT at CES 2024, emphasizing its commitment to sustainability and efficiency.
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Universal Electronics Inc. to Participate in the 26th Annual Needham Growth Conference

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Universal Electronics Inc. (UEI) (NASDAQ: UEIC) to attend 26th Annual Needham Growth Conference on January 16 and 19, 2024
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FAQ

What is the current stock price of Universal Electronics (UEIC)?

The current stock price of Universal Electronics (UEIC) is $10.83 as of December 20, 2024.

What is the market cap of Universal Electronics (UEIC)?

The market cap of Universal Electronics (UEIC) is approximately 144.1M.

What does Universal Electronics Inc. (UEIC) specialize in?

Universal Electronics Inc. specializes in universal control and sensing technologies for smart homes, including a wide array of products like universal control systems, AV accessories, and smart home security solutions.

How many patents does Universal Electronics Inc. hold?

Universal Electronics Inc. holds a portfolio of over 300 pending and current patents.

What are some key markets for UEIC products?

Key markets for UEIC products include video services, consumer electronics, security, home automation, climate control, and home appliance markets.

Where is Universal Electronics Inc. located?

Universal Electronics Inc. is a United States-based company.

What new areas has UEIC expanded into since 2015?

Since 2015, UEIC has expanded into home automation, intelligent sensing, and security technologies.

Who are UEIC's main clients?

UEIC's main clients are leading global brands in the audio-video, subscription broadcasting, connected home, tablet, and smartphone markets.

What percentage of UEIC's revenue comes from the United States?

A significant portion of UEIC's revenue is generated from the United States.

What makes UEIC a leader in its industry?

UEIC's innovative products, extensive patent portfolio, and continuous advancements in home automation and control technologies make it a leader in its industry.

What kind of products does UEIC manufacture?

UEIC manufactures a variety of products such as universal control systems, AV accessories, wireless security devices, and smart home products.

How has UEIC transformed the home entertainment control industry?

UEIC has transformed the home entertainment control industry through its first-to-market innovations, extensive patent portfolio, and comprehensive database for connecting and controlling entertainment devices.

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Universal Electronics Inc

Nasdaq:UEIC

UEIC Rankings

#4137 Ranked by Market Cap
N/A Ranked by Dividends

UEIC Stock Data

144.09M
10.73M
17.63%
67.93%
0.84%
Consumer Electronics
Household Audio & Video Equipment
Link
United States of America
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