Brief: Universal Electronics Reports Q4 GAAP Earnings Per Share $0.49

Universal Electronics

20/02/2020 21:59

Feb 20 (Reuters) - Universal Electronics Inc  UEIC.O :
    * UNIVERSAL ELECTRONICS REPORTS FOURTH QUARTER AND YEAR-END
2019
FINANCIAL RESULTS
    * SEES Q1 2020 GAAP EARNINGS PER SHARE $0.36 TO $0.46
    * Q4 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.90
    * Q4 GAAP EARNINGS PER SHARE $0.49
    * Q4 SALES $174.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$179
MILLION
    * SEES Q1 2020 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.90 TO
$1.00
    * SEES Q1 2020 SALES $170 MILLION TO $180 MILLION
    * Q1 OF 2020 SALES OUTLOOK EXCLUDES ANY POTENTIAL IMPACT
RELATED
TO COVID-19 VIRUS
    * COVID-19 VIRUS MAY IMPACT Q1 2020 BY SHIFTING UP TO $10
MILLION
OF NET SALES TO Q2 2020
    * EPS FOR Q1 OF 2020 MAY BE LOWER BY $0.12 TO $0.15 CENTS
    * Q4 EARNINGS PER SHARE VIEW $0.83, REVENUE VIEW $179.0
MILLION --
REFINITIV IBES DATA
    * Q1 EARNINGS PER SHARE VIEW $0.80, REVENUE VIEW $188.3
MILLION --
REFINITIV IBES DATA

Source text for Eikon:  ID:nBw8dc8Hsa 
Further company coverage:  UEIC.O 

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