Paul D. Arling
In connection with the retirement of Paul D. Arling as the Company’s Chief Executive Officer, effective May 1, 2025
Highest-materiality recent filing
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 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 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).
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%).
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).
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 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 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 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.
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 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.
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