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Universal Electronics Inc (UEIC.OQ)

UEIC.OQ on NASDAQ Stock Exchange Global Select Market

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Latest Key Developments (Source: Significant Developments)

Universal Electronics' Board Authorizes $10 Million Share Buyback Program
Wednesday, 16 May 2018 

May 16 (Reuters) - Universal Electronics Inc ::UNIVERSAL ELECTRONICS - ON MAY 11, BOARD AUTHORIZED SHARE BUYBACK PURSUANT TO WHICH CO MAY BUY SHARES FOR PRICE NOT EXCEEDING $10 MILLION UNTIL AUG 2.  Full Article

Universal Electronics's Unit To Sell Ownership Interest In Gemstar Technology China
Monday, 23 Apr 2018 

April 23 (Reuters) - Universal Electronics Inc ::UNIVERSAL ELECTRONICS - C.G. DEVELOPMENT LIMITED TO SELL ITS OWNERSHIP INTEREST IN GEMSTAR TECHNOLOGY (CHINA) TO GUANGZHOU MUXIA HOTEL MANAGEMENT.UNIVERSAL ELECTRONICS - ON APRIL 17, UNIT & GUANGZHOU JUNHAO INVESTMENT CO MUTUALLY AGREED TO TERMINATE SEPT. 30, 2016 TRANSFER AGREEMENT.UNIVERSAL ELECTRONICS - IN EXCHANGE FOR SALE OF 100% OF CAPITAL OF STOCK OF GEMSTAR CHINA, GMHM WILL PAY UNIT RMB$338.9 MILLION IN CASH.  Full Article

Universal Electronics posts Q3 adj. earnings $0.81/shr
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Universal Electronics Inc :Universal Electronics reports third quarter 2017 financial results.Sees Q4 2017 GAAP earnings per share $0.07 to $0.17.Q3 adjusted non-GAAP earnings per share $0.81.Q3 GAAP earnings per share $0.12.Sees Q4 2017 sales $172 million to $180 million.Q3 sales $175.7 million versus I/B/E/S view $182.3 million.Sees Q4 2017 adjusted non-GAAP earnings per share $0.55 to $0.65.Q3 earnings per share view $0.85 -- Thomson Reuters I/B/E/S.Q4 earnings per share view $0.86, revenue view $175.9 million -- Thomson Reuters I/B/E/S.  Full Article

Universal Electronics Inc says ‍on Oct. 27, co entered into second amended, restated credit agreement
Thursday, 2 Nov 2017 

Nov 2 (Reuters) - Universal Electronics Inc :Universal Electronics Inc - ‍on October 27, 2017, co entered into a second amended and restated credit agreement - SEC filing​.Universal Electronics Inc - ‍under second amended credit agreement, existing revolving credit line was increased from $125.0 million to $170.0 million​.  Full Article

Universal Electronics' Asia unit signs capital stock sales deal
Friday, 30 Sep 2016 

Universal Electronics Inc : Universal Electronics' Asia subsidiary signs capital stock sales agreement . Purchase price will be paid into an escrow account, as specified in agreement . UEI's China-based engineering development and centralized support organizations to transfer to 2 new technology centers . Deal for approximately USD 48 million . Entered into agreement to sell entire ownership interest in Gemstar Technology Co. Ltd. to Guangzhou Junhao Investment Co .In exchange for sale of 100% of capital of stock of Gemstar China, GJI will pay C.G. Development RMB 320 million in cash.  Full Article

Universal Electronics reports Q2 2016 financial results
Thursday, 4 Aug 2016 

Universal Electronics Inc : Q2 adjusted pro forma earnings per share $0.77 . Sees Q3 2016 sales $168 million to $176 million . Q2 earnings per share view $0.77 -- Thomson Reuters I/B/E/S . Universal Electronics reports second quarter 2016 financial results . Sees Q3 2016 GAAP earnings per share $0.61 to $0.71 . Q2 GAAP earnings per share $0.45 . Q2 sales $171 million versus I/B/E/S view $170 million . Q3 earnings per share view $0.97, revenue view $175.7 million -- Thomson Reuters I/B/E/S .Sees Q3 2016 adjusted pro forma earnings per share $0.87 to $0.97.  Full Article

BRIEF-Universal Electronics' Board Authorizes $10 Million Share Buyback Program

* UNIVERSAL ELECTRONICS - ON MAY 11, BOARD AUTHORIZED SHARE BUYBACK PURSUANT TO WHICH CO MAY BUY SHARES FOR PRICE NOT EXCEEDING $10 MILLION UNTIL AUG 2 Source text : [https://bit.ly/2Go8lXE] Further company coverage: