SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Universal Electronics Inc. (UEIC) on Thursday reported a loss of $1.1 million in its fourth quarter.
The Scottsdale, Arizona-based company said it had a loss of 8 cents per share. Earnings, adjusted for one-time gains and costs, were 17 cents per share.
The remote control maker posted revenue of $87.7 million in the period.
For the year, the company reported a loss of $18.6 million, or $1.41 per share. Revenue was reported as $368.3 million.
Universal Electronics expects full-year earnings in the range of 45 cents to 65 cents per share.
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