SCOTTSDALE, Ariz. (AP) — SCOTTSDALE, Ariz. (AP) — Universal Electronics Inc. (UEIC) on Thursday reported profit of $1.6 million in its second quarter.
The Scottsdale, Arizona-based company said it had net income of 12 cents per share. Earnings, adjusted for non-recurring costs and stock option expense, came to 34 cents per share.
The remote control maker posted revenue of $73.2 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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