UEIC Q2 2024 Earnings — Universal Electronics Inc. Revenue & Financial Results | Market Cap Arena

UEICUniversal Electronics Inc.

$50M

Q2 2024 Earnings

Technology Hardware, Equipment & Parts

Income Statement

Revenue

$90M-15.8% YoY

Gross Profit

$26M28.7% margin

Operating Income

-$4M-4.9% margin

Net Income

-$8M-9.1% margin

EPS (Diluted)

$-0.63

QoQ Revenue Growth

-1.6%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$3M

Stock-Based Comp.

$2M

Balance Sheet

Total Assets

$314M

Total Liabilities

$154M

Stockholders' Equity

$160M

Cash & Equivalents

$23M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$90M	$107M	-15.8%
Gross Profit	$26M	$25M	+5.4%
Operating Income	-$4M	-$9M	+51.2%
Net Income	-$8M	-$10M	+21.3%

Geographic Segments

Europe

$21M23%

UNITED STATES

$19M21%

Asia, Excluding The People's Republic of China

$18M20%

CHINA

$17M19%

Latin America

$9M10%

All Other Countries

$6M6%