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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