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Universal Electronics: Q1 Earnings Snapshot

SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Universal Electronics Inc. (UEIC) on Monday reported a loss of $7.3 million in its first quarter.

On a per-share basis, the Scottsdale, Arizona-based company said it had a loss of 58 cents. Losses, adjusted for one-time gains and costs, were 10 cents per share.

The remote control maker posted revenue of $79 million in the period.

Universal Electronics expects full-year earnings in the range of 45 cents to 65 cents per share.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on UEIC at https://www.zacks.com/ap/UEIC

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