Detail akcie Univ Electronics online

Business Summary: Universal Electronics Inc. is engaged in providing wireless universal control solutions for home entertainment and smart home devices. The Company designs, develops, manufactures, ships, and supports control and sensor technology solutions and a broad line of universal control systems, audio-video (AV) accessories, wireless security and smart home products that are used by brands in the video services, consumer electronics, security, home automation, climate control and home appliance markets. The Company’s flagship solution, QuickSet (QuickSet), is a software application that can be embedded in any entertainment or smart home platform or can be delivered as a cloud-based service, through QuickSet Cloud, to enable universal device setup, interoperability and control. Its product and technology include voice-enabled, automatically programmed universal, two-way radio frequency (RF) as well as infrared (IR) remote controls, and more.
Financial Summary: BRIEF: For the fiscal year ended 31 December 2023, Universal Electronics Inc revenues decreased 23% to $420.5M. Net loss totaled $98.2M vs. income of $407K. Revenues reflect Asia segment decrease of 33% to $85.3M, United States segment decrease of 23% to $129.5M. Net loss reflects Interest Exp-Net of Capitalized Interest increase of 82% to $6M (expense), Foreign currency exchange contracts increase from $1.3M to $3.2M (expense).