earnings
confidence high
sentiment neutral
materiality 0.55
Universal Electronics Q1 net loss narrows to $6.3M; Q2 guidance improves, $4M buyback authorized
UNIVERSAL ELECTRONICS INC
2025-Q1 EPS reported
-$0.48
revenue$92,326,000
- GAAP net sales $92.3M (flat YoY); connected home up 31% to $31.7M, home entertainment down 10.5% to $60.6M.
- GAAP net loss $6.3M ($0.48/share) vs $8.6M loss ($0.67) a year ago; adjusted non-GAAP loss $1.5M ($0.12).
- Q2 2025 guidance: sales $91M-$101M; adjusted non-GAAP EPS $0.05-$0.15 vs loss of $0.09 in Q2 2024.
- Board authorized continuation of share repurchase up to $4M or 778K shares through Aug 6, 2025.
- Chairman noted board additions of John Mutch and Michael Burger; company plans opportunistic buybacks.