UEIC
Universal Electronics Inc.3.2500
+0.1300+4.17%
Dec 16, 4:00:01 PM EST
Earnings Call Transcripts
This Quarter (Q1 '26)
No earnings call transcript available yet
Last Quarter (Q4 '25)
No earnings call transcript available
Key Stats
Market Cap
43.44MP/E (TTM)
-Basic EPS (TTM)
-1.67Dividend Yield
0%Recent Filings
8-K
UEIC names new CFO Jenke
Universal Electronics appointed Wade M. Jenke as CFO effective December 30, 2025, replacing interim holder Raymond Ho, who stays as SVP of Finance. Jenke, 42, brings public company CFO experience from Amtech Systems and prior roles, securing $325,000 base salary plus 300,000 equity awards vesting over three years. Board eyes his expertise for financial strategies amid growth push. No family ties or conflicts disclosed.
8-K
Credit pact extended, cut to $60M
Universal Electronics signed its Eleventh Amendment to its credit agreement on November 17, 2025, extending maturity to September 30, 2027, while trimming the revolving commitment to $60M from prior levels. Lenders eased the fixed charge coverage ratio to 1.70:1 for Q3 2025, then 1.50:1, and broadened EBITDA add-backs for 2025 severance, Mexico closure, and Carlsbad lease abandonment. One lender now backs it all.
10-Q
Q3 FY2025 results
Universal Electronics posted Q3 net sales of $90.6M, down 11% y/y yet up slightly q/q (derived), with connected home surging 13% y/y to $29.8M on climate control wins while home entertainment dropped 20% y/y to $60.8M from weak European/Latin demand. Gross margin slipped to 27.7% from 30.1% y/y, hit by $1.2M Mexico factory impairment and tariffs, but operating loss narrowed to $4.5M from breakeven as R&D and SG&A fell on headcount cuts. Cash jumped to $31.5M with $27.8M YTD operating cash flow; lines of credit at $18.3M with $53.6M U.S. availability. Mexico shutdown wraps Q4. Recent CEO/CFO transitions stir uncertainty.
8-K
Q3 sales drop, buyback renewed
Universal Electronics posted Q3 net sales of $90.6M, down from $102.1M, with connected home up to $29.8M but home entertainment sliding to $60.8M; GAAP net loss hit $8.3M yet adjusted non-GAAP net income reached $1.1M. Cash flow surged to $10.1M, cash at $31.5M. Board renewed buyback for lesser of $3.5M or 778k shares. Q4 sales outlook: $82M-$92M.
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