Universal Electronics Inc. (UEIC)
NASDAQ:UEIC
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Earnings Data
Report Date
Jul 30, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.03Last Year’s EPS
0.18Same Quarter Last Year
Based on 1 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call balances clear near-term challenges—most notably a meaningful revenue decline (−14.4% YoY), continued operating losses, margin pressure from mix, tariffs and commodity costs, and market headwinds in Europe and set-top boxes—with concrete early execution successes including $5.3M of operating expense reductions, a $9.8M inventory reduction, improved adjusted non-GAAP net loss and per-share metrics, and reaffirmed FY26 adjusted EPS guidance ($0.45–$0.65). Management’s focus is on cost alignment, R&D prioritization, working capital discipline and preserving customer relationships while acknowledging slower-than-expected demand recovery.Company Guidance
Revenue and Segment Detail Provided
Total revenue of $79.0M for Q1 FY2026 (down 14.4% YoY from $92.3M). Management provided segment breakdown: Connected Home net sales $28.3M (down ~10.7% YoY from $31.7M) and Home Entertainment net sales $50.7M (down ~16.3% YoY from $60.6M), improving transparency into drivers of the top-line decline.
Cost Reductions and Structural Expense Discipline
Adjusted non-GAAP operating expenses declined by $5.3M YoY. Company executed a global reduction in force and other actions expected to produce approximately $5.0M of annualized labor/structural cost savings (with ~ $1.3M of one-time severance costs). SG&A declined $3.5M and R&D declined $1.8M YoY.
Inventory and Working Capital Improvement
Significant working capital progress: inventories were reduced by $9.8M in the quarter and accounts receivable/contract assets declined by roughly $0.8M sequentially. Cash and cash equivalents ended the quarter at $29.8M, supporting liquidity.
Improved Adjusted Non-GAAP Net Loss and Per-Share Metrics
Adjusted non-GAAP net loss improved to $1.3M (−$0.10 per diluted share) vs. a net loss of $1.5M (−$0.12) in the prior year, reflecting early benefits from cost actions despite lower revenue.
R&D and Portfolio Focus Reprioritization
R&D spending reduced to $5.4M from $7.2M YoY (a $1.8M decrease) as the company tightens R&D and portfolio focus to initiatives with clearer paths to accretive returns.
Affirmed Full-Year Earnings Outlook
The company reaffirmed full-year adjusted non-GAAP diluted EPS guidance of $0.45 to $0.65 (versus $0.31 in FY2025), signaling management confidence in operational improvements and structural cost actions despite tempered revenue expectations.
Positive Commercial Engagement
Completed direct outreach to largest accounts with positive feedback on service continuity and roadmaps. Ongoing engagement and OEM interest in HomeSense occupancy sensing and the TIDE Smart Thermostat portfolio indicate continued long-term opportunity potential.
UEIC Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
UEIC Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $4.23 | $4.12 | -2.60% |
Mar 12, 2026 | $3.66 | $4.32 | +18.03% |
Nov 06, 2025 | $3.32 | $3.58 | +7.83% |
Aug 07, 2025 | $6.03 | $5.00 | -17.08% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Universal Electronics Inc. (UEIC) report earnings?
Universal Electronics Inc. (UEIC) is schdueled to report earning on Jul 30, 2026, After Close (Confirmed).
What is Universal Electronics Inc. (UEIC) earnings time?
Universal Electronics Inc. (UEIC) earnings time is at Jul 30, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is UEIC EPS forecast?
UEIC EPS forecast for the fiscal quarter 2026 (Q2) is 0.03.