---
schema_version: "secwatch.filing_event.v1"
accession: "0000101984-23-000055"
form_type: "8-K"
ticker: "UEIC"
cik: "0000101984"
company_name: "UNIVERSAL ELECTRONICS INC"
filed_at: "2023-11-02T23:59:59+00:00"
generated_at: "2026-06-08T23:04:38.480968+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Universal Electronics reports Q3 net loss; authorizes up to 1M share buyback

## Summary
- GAAP net sales $107.1M vs $148.5M YoY; GAAP net loss $19.4M ($1.50 loss per share).
- Adjusted non-GAAP net income $1.1M ($0.08 diluted EPS) vs $12.6M ($1.00) YoY.
- Board authorized stock repurchase program for up to 1 million shares.
- Q4 2023 guidance: GAAP net sales $95–$105M; adjusted non-GAAP EPS loss $0.05 to profit $0.05.
- Closed southwest China factory in Sept, ahead of schedule; Vietnam facility meeting efficiency targets.

## SEC filing metadata
- accession: 0000101984-23-000055
- form_type: 8-K
- ticker: UEIC
- cik: 0000101984
- company_name: UNIVERSAL ELECTRONICS INC
- filed_at: 2023-11-02T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/101984/000010198423000055/0000101984-23-000055-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/101984/000010198423000055/ueic-20231102.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000101984-23-000055
- JSON: https://secwatch.observer/filing/0000101984-23-000055.json
- Plain text: https://secwatch.observer/filing/0000101984-23-000055.txt

## Key facts
- Earnings Releases
  UNIVERSAL ELECTRONICS INC updated its the three and nine months ended September 30, 2023 guidance (reaffirmed).
  - Period: the three and nine months ended September 30, 2023
  - Guidance: reaffirmed
  - Result: reported results
  source text: On November 2, 2023, Universal Electronics Inc. ("UEI") issued a press release reporting financial results for the quarter ended September 30, 2023 and certain other information. A copy of UEI's press release is attached as Exhibit 99 and incorporated herein by reference.
  evidence_url: https://www.sec.gov/Archives/edgar/data/101984/000010198423000055/0000101984-23-000055-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.