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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

UEI Introduces Nevo® on TIDE™ Smart Thermostat Family to Create a Whole Home Controller Platform

Rhea-AI Summary
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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Universal Electronics Inc. Announces Cooperation Agreement with Immersion Corporation

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Universal Electronics Inc. (UEI) (NASDAQ: UEIC) appoints Eric Singer as a new independent director and member of the Compensation Committee, reaffirming its commitment to strong corporate governance and enhancing stockholder value.
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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) is set to present its latest products and technologies at the 2024 International Consumer Electronics Show in Las Vegas. The company will showcase a range of innovative solutions aimed at simplifying and enhancing the user experience for smart home and entertainment devices. This includes expanded climate control products, smart home hubs, software solutions for entertainment interoperability, sustainable remote controls, growing audio-video accessories, and participation in the CONNECTIONS Summit at CES 2024.
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Universal Electronics Inc. to Participate in the 20th Annual Imperial Capital Security Investor Conference

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Universal Electronics Inc. (UEI) (NASDAQ: UEIC) announced that Chairman and CEO Paul Arling and CFO Bryan Hackworth will attend Imperial Capital’s 2023 Security Investor Conference on December 14, 2023. They will present at 12:15 PM PT/ 3:15 PM ET and host one-on-one meetings. Presentation material will be available at www.uei.com.
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Universal Electronics Reports Financial Results for the Third Quarter 2023

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Universal Electronics Inc. (UEI) reported financial results for Q3 2023, with GAAP net sales of $107.1 million and gross margins of 19.1%. The company's Board of Directors also authorized a stock repurchase program for up to 1 million shares. UEI's CFO announced improved operating efficiencies and a reduction in net debt. For Q4 2023, the company expects GAAP net sales to range between $95.0 million and $105.0 million.
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Universal Electronics Introduces a New Climate Control Thermostat for the US Market

Rhea-AI Summary
Universal Electronics Inc. (UEI) has announced the launch of a new thermostat designed for the US market in collaboration with Mitsubishi Electric Trane HVAC US LLC (METUS). The thermostat, developed based on UEI's Comfort Line of Climate Control solutions, features a small form factor, a backlit 2.8" color display, and an intuitively-designed dial knob for temperature control. It offers enhanced humidity control, built-in presence detection, and setpoints for reduced energy usage. The thermostat will be sold exclusively through METUS distributors.
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Universal Electronics Inc. to Host Third Quarter 2023 Financial Results Conference Call on November 2nd

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Universal Electronics Inc. to host conference call for Q3 2023 financial results
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FAQ

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

The current stock price of Universal Electronics (UEIC) is $10.76 as of January 23, 2025.

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

The market cap of Universal Electronics (UEIC) is approximately 139.2M.

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

#4198 Ranked by Market Cap
N/A Ranked by Dividends

UEIC Stock Data

139.23M
10.73M
17.63%
67.88%
0.84%
Consumer Electronics
Household Audio & Video Equipment
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United States of America
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