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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.

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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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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. (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 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 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 conference call for Q3 2023 financial results
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Universal Electronics Inc. showcases sustainability solutions at IBC2023, including a battery-free remote control prototype and energy harvesting capabilities.
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Universal Electronics Inc. to attend Sidoti Small-Cap Conference
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Universal Electronics Inc. (UEI) announced that Chairman and CEO Paul Arling and CFO Bryan Hackworth will attend Rosenblatt's 3rd Annual Technology Summit on August 22, 2023. They will host a fireside chat and conduct one-on-one meetings. Presentation materials will be available on the company's website.
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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.

Universal Electronics Inc

Nasdaq:UEIC

UEIC Rankings

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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