Universal Electronics Q3 sales fall

Universal Electronics

06/11/2025 21:23

Overview

Universal Electronics Q3 GAAP net sales fell to $90.6 mln from $102.1 mln yr/yr

Company achieved solid margins and strong cash flow, strengthening balance sheet

Board authorizes repurchase of $3.5 mln or 778,000 shares, indicating confidence

Outlook

Company expects Q4 2025 GAAP net sales between $82 mln and $92 mln

Company anticipates Q4 2025 GAAP loss per share between $0.30 and $0.20

Company forecasts Q4 2025 adjusted non-GAAP EPS between $0.01 and $0.11

Result Drivers

CONNECTED HOME STRATEGY - Expansion into utilities and property management markets contributed to growth in connected home sales

COST MANAGEMENT - Disciplined cost management and targeted investments supported profitability and strong cash flow

REVENUE HEADWINDS - Company expects revenue challenges to continue but remains confident in maintaining profitability

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Adjusted Net Income
$1.10 mln
Q3 Adjusted Gross Margin
29.10%
Q3 Adjusted Operating Income
$1.60 mln
Q3 Operating Income
-$4.50 mln


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is no "strong buy" or "buy", 2 "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 $6.50, about 45.8% above its November 5 closing price of $3.52

The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 8 three months ago

Press Release: ID:nBw6P3c0qa

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(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.)