UEI Q3 GAAP net loss $0.07/sh; adj. EPS $1.03; Q4 guidance below prior year

UNIVERSAL ELECTRONICS INC

2021-Q3 EPS reported $0.84 revenue$456,658,000

GAAP net sales $155.6M vs $153.5M (+1.4%); GAAP net loss of $1.0M vs income of $6.2M.
Adjusted Non-GAAP net income $14.1M ($1.03/diluted share) vs $13.1M ($0.92) a year ago.
Gross margins improved to 29.4% GAAP and 30.4% adjusted vs 28.8% and 30.0% in Q3 2020.
Q4 2021 guidance: GAAP net sales $143M-$158M; GAAP EPS $0.10-$0.25 vs $0.86; adjusted EPS $0.65-$0.80 vs $1.14.
Management cites shipping delays and component shortages as headwinds; expects HVAC design wins to contribute in late 2022/2023.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.