UEI (UEIC) Q3 2026 Earnings Call Transcript

Universal Electronics reported Q3 2026 results with adjusted EPS of $0.17, more than doubling year-over-year despite a 1.3% revenue decline to $89.4 million. The company achieved significant cost reductions of 20% in operating expenses through organizational restructuring. Connected Home segment grew 13.4% driven by HVAC and smart thermostat sales, while Home Entertainment declined due to streaming competition. Management reaffirmed full-year 2026 EPS guidance of $0.45-$0.65 and expects to recover 75% of inflationary costs through price adjustments starting Q1 2027.