Brief: Universal Electronics Reports Results For The Second Quarter 2020

Universal Electronics

06/08/2020 22:26

Universal Electronics Inc  UEIC.O :
    * UNIVERSAL ELECTRONICS REPORTS RESULTS FOR THE SECOND
QUARTER
2020
    * SEES Q3 2020 GAAP EARNINGS PER SHARE $0.53 TO $0.63
    * Q2 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.89
    * Q2 GAAP EARNINGS PER SHARE $1.02
    * SEES Q3 2020 SALES $150 MILLION TO $160 MILLION
    * Q2 SALES $153.1 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$153.5
MILLION
    * SEES Q3 2020 ADJUSTED NON-GAAP EARNINGS PER SHARE $0.87 TO
$0.97
    * REITERATES LONG-TERM GROWTH TARGETS OF REVENUE BETWEEN 5%
TO 10%
&BOTTOM LINE BETWEEN 10% AND 20%

Source text for Eikon:  ID:nBw82bfSYa 
Further company coverage:  UEIC.O