Universal Electronics Q4 revenue falls on weak home entertainment and connected home demand

Universal Electronics

12/03/2026 20:59

Overview

Wireless control solutions provider's Q4 revenue declined yr/yr, home entertainment and connected home sales fell

Adjusted non-GAAP net income positive for Q4

Company repurchased 5.8% of shares in Q4

Outlook

Universal Electronics expects FY 2026 revenue to decline year over year

Company expects FY 2026 adj non-GAAP EPS of $0.45 to $0.65

Result Drivers

COST REDUCTIONS - Co said operational cost reductions and restructuring improved profitability and cash flow

MARGIN IMPROVEMENT - Improved gross margin attributed to operational efficiency and positive product mix

Company press release: ID:nBw9TdmH1a

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Adjusted Net Income
$2.3 mln
Q4 Adjusted Gross Margin
29.7%
Q4 Adjusted Operating Income
$3.3 mln


Analyst Coverage

The one available analyst rating on the shares is "hold"

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 $5.00, about 39.3% above its March 11 closing price of $3.59

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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.)