UEIC Q1 2024 Earnings — Universal Electronics Inc. Revenue & Financial Results | Market Cap Arena

UEICUniversal Electronics Inc.

$50M

Q1 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$92M-15.2% YoY

Gross Profit

$26M28.3% margin

Operating Income

-$7M-7.5% margin

Net Income

-$9M-9.4% margin

EPS (Diluted)

$-0.67

QoQ Revenue Growth

-5.8%

Cash Flow

Operating Cash Flow

-$3M

Free Cash Flow

-$5M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$323M

Total Liabilities

$153M

Stockholders' Equity

$170M

Cash & Equivalents

$27M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$92M	$108M	-15.2%
Gross Profit	$26M	$25M	+5.2%
Operating Income	-$7M	-$60M	+88.4%
Net Income	-$9M	-$61M	+85.9%

Geographic Segments

UNITED STATES

$27M29%

Asia, Excluding The People's Republic of China

$19M21%

Europe

$18M19%

CHINA

$14M16%

Latin America

$8M9%

All Other Countries

$6M7%