Universal Electronics Full Year 2024 Earnings: Revenues Beat Expectations, EPS Lags

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editorial-team@simplywallst.com (Simply Wall St)

Sat, Feb 22, 2025, 5:06 AM 1 min read

Universal Electronics (NASDAQ:UEIC) Full Year 2024 Results

Key Financial Results

Revenue: US$394.9m (down 6.1% from FY 2023).
Net loss: US$24.0m (loss narrowed by 76% from FY 2023).
US$1.85 loss per share (improved from US$7.64 loss in FY 2023).

revenue-and-expenses-breakdown — NasdaqGS:UEIC Revenue and Expenses Breakdown February 22nd 2025

All figures shown in the chart above are for the trailing 12 month (TTM) period

Universal Electronics Revenues Beat Expectations, EPS Falls Short

Revenue exceeded analyst estimates by 2.1%. Earnings per share (EPS) missed analyst estimates by 15%.

In the last 12 months, the only revenue segment was Audio/Video Products contributing US$394.9m. Notably, cost of sales worth US$280.9m amounted to 71% of total revenue thereby underscoring the impact on earnings. The largest operating expense was General & Administrative costs, amounting to US$91.8m (67% of total expenses). Explore how UEIC's revenue and expenses shape its earnings.

Looking ahead, revenue is forecast to grow 4.3% p.a. on average during the next 2 years, compared to a 5.6% growth forecast for the Consumer Durables industry in the US.

Performance of the American Consumer Durables industry.

The company's shares are down 17% from a week ago.

Valuation

If you are seeking undervalued stocks, our analysis of 6 valuation measures indicates Universal Electronics could be a good place to look. Click here to view our comprehensive analysis and gain insights into the stock's investment prospects.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.