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UEIC - Universal Electronics Non-GAAP EPS of $0.47 misses by $0.01 revenue of $132.4M misses by $7.1M
Universal Electronics Inc.
Universal Electronics press release (NASDAQ:UEIC): Q1 Non-GAAP EPS of $0.47 misses by $0.01. Revenue of $132.4M (-12.0% Y/Y) misses by $7.1M. Sees Q2 GAAP net sales to range between $133 million and $143 million. Sees Q2 GAAP EPS to range from $0.23 to $0.33. Sees Q2 non-GAAP EPS to range from $0.53 to $0.63. reiterates its long-term growth targets of sales between 5% and 10% and EPS between 10% and 20%.