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Universal Electronics Reports Record Net Income for Fourth Quarter and Year-end 2020 Financial Results – Consumer Electronics Net

2 months ago
SCOTTSDALE, Ariz.–(BUSINESS WIRE)–Universal Electronics Inc. (UEI), (NASDAQ: UEIC) reported financial results for the three and twelve months ended December 31, 2020.
Paul Arling, UEI’s chairman and CEO, said, “UEI’s ongoing investment in innovation for the future, strategies to enrich margins, and tactics to improve operating efficiencies, delivered strong performance and position the company well for 2021. Focusing on shifting our mix toward more advanced, higher margin solutions, we generated our highest margins in over a decade. As a result, even with lower sales, we reported the most profitable year in our 35+ year history.
“Additionally, we enter 2021 with our broadest, most sophisticated technology offering. Recent publicly disclosed examples once again include industry firsts: our Apple TV remote control designed for cable, satellite, IPTV and other multichannel video program distributors truly enhances t ....

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Universal Electronics Inc (UEIC) Q4 2020 Earnings Call Transcript

Operator
Ladies and gentlemen, thank you for standing by and welcome to the Fourth Quarter 2020 Universal Electronics Inc. Earnings Conference Call. [Operator Instructions]
I would now like to introduce your host for today s program, Kristen Chapman from LHA Investor Relations. Please go ahead.
Kirsten Chapman
LHA, Investor Relations
Thank you, Jonathan, and thank you all for joining us for the Universal Electronics fourth quarter and year-end 2020 financial results conference call. By now you should have received a copy of the press release. If you ve not, please contact LHA at 415-433-3777 or visit the Investor Relations section of the website. This call is being broadcast live over the Internet. A webcast replay will be available for one year at www.uei.com. Any additional updated material non-public information that might be discussed during this call will be provided on the Company s website where it will be retained for at least one year. You may also ....

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Universal Electronics Reports Record Net Income for Fourth Quarter and Year-end 2020 Financial Results

Universal Electronics Reports Record Net Income for Fourth Quarter and Year-end 2020 Financial Results
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Universal Electronics Inc. Introduces QuickSet® Widget for the Connected Home – Consumer Electronics Net

Universal Electronics Inc. Introduces QuickSet® Widget for the Connected Home – Consumer Electronics Net
consumerelectronicsnet.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from consumerelectronicsnet.com Daily Mail and Mail on Sunday newspapers.

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