Universal Electronics Q4 Sales Growth

This is a Q4 news story, published by MSN, that relates primarily to Paul Arling news.

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Earnings Call Insights

SeekingAlpha

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Technology

Universal Electronics projects Q1 2025 sales of $87M-$97M amid connected home growth

Summary

Nutrition label

87% Informative

Universal Electronics Inc. ( NASDAQ : UEIC ) Q4 2024 net sales reached $110.5 million , exceeding the high end of guidance and marking a 13% year-over-year growth.

CEO Paul Arling reiterated confidence in top and bottom-line growth for 2025 , driven by connected home initiatives and customer expansion.

Gross margin decreased slightly from 30.1% to 28.4% in Q4 , due to temporary factors.

Final Takeaway Universal Electronics presented a strong Q4 2024 performance, with significant sales and earnings growth driven by connected home initiatives and innovative product launches. Management’s confidence in sustaining this growth into 2025 is supported by a robust pipeline and strategic partnerships with major OEMs. While temporary gross margin pressures and tariff risks warrant attention, the company’s strategic focus and market momentum position it well for the future. Read the full Earnings Call Transcript More on Universal Electronics .

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formal

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English

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not hateful