Universal Electronics Q1 net sales down 12% YoY to $132.4M; GAAP loss per share $0.23

UNIVERSAL ELECTRONICS INC

2022-Q1 EPS reported -$0.23 revenue$132,410,000

GAAP net sales $132.4M vs $150.5M Q1 2021; GAAP operating loss $0.6M vs income $8.6M.
GAAP net loss per share $0.23; adjusted non-GAAP EPS $0.47 vs $0.98 in Q1 2021.
Cash and equivalents $62.2M at March 31, 2022, no debt mentioned.
Q2 2022 guidance: GAAP net sales $133M-$143M; GAAP EPS $0.23-$0.33.
Expects H2 2022 to be strongest six-month period since 2019, driven by HVAC/home automation.

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.