UEIC Q1 2026 Earnings Transcript

Universal Electronics Inc. reported Q1 2026 revenue of $79 million, down 14.4% year-over-year, with declines in both home entertainment and connected home segments due to market headwinds and extended deployment timelines. Despite lower revenue, the company improved its adjusted non-GAAP net loss to $1.3 million through cost reduction initiatives, including $5 million in annualized labor savings. Management reaffirmed full-year adjusted non-GAAP diluted EPS guidance of $0.45-$0.65, up from $0.31 in 2025, focusing on cost discipline and working capital management rather than near-term demand recovery.