Highest-materiality recent filing
Universal Electronics monetizes tariff refund claims for $7.6M
Received $7.6M from sale of claims for tariffs paid to CBP that were ruled unlawful by the Supreme Court on Feb 20, 2026.
UEIC shareholders approve board declassification, equity plan increase at 2026 annual meeting
All four director nominees elected with >6M votes each; 1.6M broker non-votes.
Universal Electronics Q1 2026 net sales down 14% to $79M; net loss $0.58 per share
Net sales $79.0M, down 14% YoY from $92.3M; Connected Home $28.3M, Home Entertainment $50.7M.
Universal Electronics SVP Ramzi Ammari to retire May 29, 2026
Ramzi Ammari, SVP Corporate Planning and Strategy, notified the company of his retirement effective May 29, 2026.
Universal Electronics Q4 sales $87.7M, GAAP net loss $1.1M; FY 2025 adjusted net income $4.2M
Q4 2025 net sales $87.7M (down 21% YoY); GAAP net loss $1.1M ($0.08 per share) vs loss $4.5M a year ago.
Universal Electronics names Wade Jenke CFO effective December 30, 2025
Wade Jenke appointed CFO effective Dec 30, 2025; interim CFO Raymond Ho returns to SVP of Finance.
Universal Electronics EVP Global Sales David Chong retires; consultant until March 2026
David Chong, EVP Global Sales, retired effective December 19, 2025.
Credit agreement extended to September 30, 2027, with aggregate revolving commitment reduced to $60 million.
Universal Electronics Q3 GAAP net loss $8.3M, revenue $90.6M; authorizes $3.5M share repurchase
GAAP net loss $8.3M ($0.62/sh) vs net loss $2.7M ($0.20/sh) in Q3 2024; adjusted net income $1.1M ($0.08/sh).
Universal Electronics appoints Raymond Ho as Interim CFO effective September 12, 2025
Sui Man Ho (Raymond Ho), age 53, named Interim CFO, principal financial and accounting officer.
CFO Bryan Hackworth to retire Sep 5; Director Zinser resigns Aug 22
CFO Bryan Hackworth retires effective Sep 5, 2025, not due to any disagreement.
UEI Q2 net sales $97.7M (+8% YoY); connected home +46%; net loss narrows to $2.9M
GAAP net sales $97.7M vs $90.5M YoY; connected home $34.1M (+46%), home entertainment $63.6M (-5%).
Tenth Amendment with U.S. Bank permits additional Liens for Bank of China up to $21M, up from $11.5M, excluding U.S. property.
Universal Electronics appoints COO Richard Carnifax as Interim CEO; Audit Committee members changed
Richard K. Carnifax, COO since May 2025, appointed Interim CEO and principal executive officer effective July 14, 2025.
Universal Electronics shareholders approve say-on-pay and ratify Grant Thornton as auditor
Say-on-pay advisory resolution passed with 7.38M For, 837,710 Against, 217,057 Abstain, 1.65M broker non-votes.
Universal Electronics Q1 net loss narrows to $6.3M; Q2 guidance improves, $4M buyback authorized
GAAP net sales $92.3M (flat YoY); connected home up 31% to $31.7M, home entertainment down 10.5% to $60.6M.
Universal Electronics CEO Arling retires; activist Kent Lake wins board seat; Office of CEO created
CEO Paul D. Arling retired effective May 1, 2025; CFO Bryan M. Hackworth becomes principal executive officer.
Universal Electronics appoints John Mutch to board; chairman Arling steps down May 1
John Mutch appointed as Class II director effective April 15, filling vacancy designated by Immersion Corporation.
CEO Paul Arling to retire by April 30, 2025; no successor announced
Paul D. Arling steps down as CEO effective April 30, 2025 or earlier if new CEO starts.
UEI Q4 revenue $110.5M (+13% YoY) beats guidance; adjusted EPS $0.20
Q4 net sales $110.5M, +13% YoY; GAAP net loss $0.35/sh vs $0.55 loss prior year.
Universal Electronics amends credit line to $75M, extends to April 2026, waives defaults
Revolver limit set at $75M; maturity extended to April 30, 2026.
Universal Electronics Q3 net loss narrows to $2.7M; adj EPS $0.10; Q4 guidance adj EPS $0.10-$0.20
Q3 GAAP net sales $102.1M (-4.7% YoY); GAAP gross margin 30.1% vs 19.1% YoY (improvement 1100 bps).
Universal Electronics subsidiary secures RMB 80M line of credit from Bank of China
GTY subsidiary entered into Line of Credit, Mortgage, and Working Capital Loan contracts with Bank of China Baoying Sub-Branch.
Eighth Amendment to credit agreement with U.S. Bank raises Other Indebtedness cap to $13M.
UEI Q2 net sales down 15.7% to $90.5M; gross margin up 580 bps; sees Q3 adjusted EPS $0.01-$0.11
Q2 2024 GAAP net sales $90.5M, down 15.7% YoY from $107.4M; GAAP net loss $8.2M ($0.63/sh) vs $10.4M ($0.81/sh).
Universal Electronics reports annual meeting results; all proposals approved
All seven director nominees elected: Paul Arling, Mulligan, Chahil, Hamilton, Pontual, Singer, Zinser.
ISS recommended AGAINST Say-on-Pay, citing misalignment due to time-vesting CEO equity awards.
Universal Electronics Q1 sales $91.9M, loss narrows; Q2 sales guidance $90-100M
Q1 net sales $91.9M (down 15% YoY); GAAP net loss $8.6M (-$0.67/share) vs $61.4M loss including $49.1M goodwill impairment in Q1 2023.
Universal Electronics Q4 sales $97.6M (-20.5%); FY net loss $98.2M with $49.1M goodwill charge
GAAP net sales Q4 $97.6M (-20.5% YoY); FY net sales $420.5M (-22.5% YoY).
Federal Circuit affirms ITC ban on import/sale of Roku products infringing UEI patent
U.S. Court of Appeals for the Federal Circuit upheld ITC ruling that Roku infringes six claims of UEI's patent 10,593,196.
Universal Electronics appoints Eric Singer to board under cooperation agreement with Immersion
Eric Singer, Immersion's CEO, appointed as Class II director effective Dec 21, 2023, filling a vacancy.
Universal Electronics receives Nasdaq non-compliance notice over Audit Committee composition
Nasdaq notified Universal Electronics on Nov 14, 2023 that it is not in compliance with Listing Rule 5605 due to Audit Committee composition after a director's resignation.
Universal Electronics reports Q3 net loss; authorizes up to 1M share buyback
GAAP net sales $107.1M vs $148.5M YoY; GAAP net loss $19.4M ($1.50 loss per share).
Universal Electronics director Carl E. Vogel resigns effective October 2, 2023
Carl E. Vogel resigned from the Board and Audit Committee effective immediately on October 2, 2023.
UEIC board adopts annual advisory vote on executive pay following shareholder recommendation
At June 6, 2023 annual meeting, a significant majority of votes recommended annual say-on-pay votes.
Universal Electronics Q2 net sales fall to $107.4M; GAAP EPS loss $0.81; guides Q3 revenue down YoY
GAAP net sales $107.4M, down 23% YoY from $139.1M; GAAP EPS loss $0.81 vs prior yr income $0.23.
UEIC SVP Global Sales Menno Koopmans to retire orderly through Dec 31, 2023
Menno V. Koopmans, SVP Global Sales, began orderly retirement on June 5, 2023.
Universal Electronics stockholders re-elect Paul D. Arling, approve say-on-pay, ratify auditor
Director Paul D. Arling re-elected with 6,375,738 for vs 2,343,077 withheld.
UEI Q1 2023 net sales fall 18% YoY; GAAP net loss $61.4M includes $49.1M goodwill impairment
GAAP net sales $108.4M vs $132.4M YoY; GAAP gross margin 22.8% vs 27.4%.
Universal Electronics Q4 net sales $122.8M, down 15% YoY; guides Q1 2023 rev $100-110M
Q4 GAAP net sales $122.8M vs $144.9M YoY; GAAP net loss $6.9M ($0.54 per share).
Q3 GAAP net sales $148.5M (-4.6% YoY); GAAP EPS $0.57 vs ($0.07) loss; adjusted EPS $1.00 vs $1.03.
UEI Q2 GAAP EPS $0.23 vs $0.40 YoY; revenue falls 7.6% to $139.1M
GAAP net sales $139.1M, down from $150.5M YoY; adjusted non-GAAP net sales $139.1M vs $150.6M.
Universal Electronics appoints Romulo Pontual as new director
Romulo Pontual appointed Class II director effective July 27, 2022, term until 2024 annual meeting.
Universal Electronics SVP Global Operations departs; consulting agreement in place
Joseph E. Miketo's employment as SVP Global Operations ended without cause on July 1, 2022.
UEIC annual meeting: all director nominees elected, say-on-pay passes, auditor ratified
All six director nominees elected with for votes ranging from 8.82M to 10.81M; no dissent above 2.4M withheld.
Universal Electronics Q1 net sales down 12% YoY to $132.4M; GAAP loss per share $0.23
GAAP net sales $132.4M vs $150.5M Q1 2021; GAAP operating loss $0.6M vs income $8.6M.
Director Gregory Stapleton will not stand for re-election at UEIC 2022 Annual Meeting
Gregory P. Stapleton notified the Company on April 7, 2022 that he will not stand for re-election at the 2022 Annual Stockholder Meeting.
UEIC Q4 net loss $6.3M; revenue down 7% YoY; Q1 guidance below prior year
Q4 GAAP net sales $144.9M (down from $156.3M); GAAP net loss $6.3M ($0.49 loss per share).
UEI Q3 GAAP net loss $0.07/sh; adj. EPS $1.03; Q4 guidance below prior year
GAAP net sales $155.6M vs $153.5M (+1.4%); GAAP net loss of $1.0M vs income of $6.2M.
In connection with the retirement of Paul D. Arling as the Company’s Chief Executive Officer, effective May 1, 2025
Bryan M. Hackworth, the Company’s Senior Vice President and Chief Financial Officer assumed the role of the Company’s principal executive officer
the Board approved the promotion of Richard Carnifax to the position of the Company’s Chief Operating Officer (the “COO”), effective immediately
on May 2, 2025, the Board appointed Mr. Burger as a Class II director, effective immediately
On April 15, 2025, Messrs. William C. Mulligan and Edward K. Zinser announced their intention to not stand for re-election at the 2026 Annual Meeting.
On April 15, 2025, the Board of Directors (the “Board”) of Universal Electronics Inc. (“UEI” or the “Company”) appointed John Mutch as a director, effective immediately, to fill a vacancy.
On April 15, 2025, Messrs. William C. Mulligan and Edward K. Zinser announced their intention to not stand for re-election at the 2026 Annual Meeting.
On March 19, 2025, Paul D. Arling informed the Board of Directors of Universal Electronics Inc. (the “Company”) that he would retire from his position as Chief Executive Officer the Company, effective as of the earlier of April 30, 2025, or the date a new Chief Executive Officer commences employment with the Company.
on December 21, 2023, the Board appointed Mr. Singer as a Class II director, effective immediately, to serve a term expiring at the 2024 Annual Meeting or until his successor is duly elected and qualified.
On October 2, 2023, Carl E. Vogel notified the Board of Directors (the "Board") of Universal Electronics Inc. ("UEI") of his decision to resign, effective immediately, from his position as a member of the Board.
On June 5, 2023, Menno V. Koopmans, Senior Vice President, Global Sales entered into agreements with Universal Electronics Inc. ("UEI") and Universal Electronics BV, a wholly owned subsidiary of UEI ("UEBV" and, collectively, with UEI, the "UEI companies") commencing his orderly retirement from the UEI companies.
On July 27, 2022, the Board of Directors of Universal Electronics Inc. (“UEI”) appointed Romulo Pontual as a director, effective immediately, to fill a vacancy.
Max materiality 0.85 · Median 0.55 · Most common event earnings