Brief: Universal Electronics Q2 Adjusted Operating Income USD 2.9 Million

Universal Electronics

07/08/2025 21:22

Overview

Universal Electronics Q2 rev rises 8% yr/yr to $97.7 mln

Adjusted operating income beats analyst expectations, per LSEG data

Co to close Mexico facility to optimize footprint

Outlook

Company expects Q3 2025 GAAP net sales of $92 mln to $102 mln

Universal Electronics sees Q3 connected home sales of $30 mln to $34 mln

Q3 home entertainment sales expected between $62 mln and $68 mln

Company anticipates Q3 GAAP loss per share of $0.39 to $0.29

Result Drivers

CONNECTED HOME GROWTH - 46% revenue growth in connected home driven by product development and footprint optimization, per COO and Interim Chief Executive Officer Richard Carnifax

FOOTPRINT OPTIMIZATION - Decision to close Mexico facility to optimize footprint amid lower home entertainment volume

BALANCE SHEET IMPROVEMENT - Achieved net cash position for first time since December 2021, supporting growth initiatives

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Adjusted Net Income
$2.40 mln
Q2 Adjusted Operating Income
Beat
$2.90 mln
$1.45 mln (2 Analysts)
Q2 Adjusted Gross Margin
29.9%
Q2 Operating Income
$1 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the household electronics peer group is "hold."

Wall Street's median 12-month price target for Universal Electronics Inc is $14.00, about 54.9% above its August 6 closing price of $6.32

The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBw6SD6hma

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)