Universal Electronics Reports Third Quarter 2004 Financial Results; Sales Increased 32% and Operating Income Increased 38% Compared to Third Quarter 2003.
Business Wire (October 28, 2004)
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Universal Electronics Reports Third Quarter 2004 Financial Results; Sales Increased 32% and Operating Income Increased 38% Compared to Third Quarter 2003.
CYPRESS, Calif. -- Leading wireless technology developer Universal Electronics Inc. (UEI)(NASDAQ:UEIC) today announced financial results for the quarter and nine-month period ended September 30, 2004.
Net sales for the third quarter of 2004 were $40.0 million compared to $30.3 million for the same quarter last year. Operating income of $3.3 million increased 38 percent from the third quarter 2003. Net income for the 2004 third quarter was $1.9 million, or $0.14 per diluted share, compared to $1.7 million, o...Try vLex for FREE for 3 days
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