Universal Electronics: Q2 Earnings Snapshot

August 4, 2022 GMT

SCOTTSDALE, Ariz. (AP) _ Universal Electronics Inc. (UEIC) on Thursday reported earnings of $3 million in its second quarter.

On a per-share basis, the Scottsdale, Arizona-based company said it had profit of 23 cents. Earnings, adjusted for non-recurring costs and stock option expense, were 66 cents per share.

The remote control maker posted revenue of $139.1 million in the period.

For the current quarter ending in October, Universal Electronics expects its per-share earnings to range from 70 cents to 80 cents.

The company said it expects revenue in the range of $145 million to $155 million for the fiscal third quarter.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UEIC at https://www.zacks.com/ap/UEIC