earnings
confidence high
sentiment negative
materiality 0.70
UEIC Q4 net loss $6.3M; revenue down 7% YoY; Q1 guidance below prior year
UNIVERSAL ELECTRONICS INC
2021-FY EPS reported
$0.39
revenue$601,602,000
- Q4 GAAP net sales $144.9M (down from $156.3M); GAAP net loss $6.3M ($0.49 loss per share).
- Q4 adjusted non-GAAP EPS $0.68 (down from $1.14); adjusted gross margin 28.4% vs 33.6%.
- FY 2021 GAAP revenue $601.6M, net income $5.3M ($0.39 diluted EPS); adjusted EPS $3.59.
- Q1 2022 guidance: GAAP revenue $135-145M (vs $150.5M in Q1 2021); adjusted EPS $0.46-0.56.
- Board authorized repurchase of up to 300,000 shares contingent on price over coming months.