Universal Electronics Inc (UEIC)
NASDAQInformation TechnologyConsumer ElectronicsSnapshot 2026-09-04
NASDAQInformation TechnologyConsumer ElectronicsSnapshot 2026-09-04
QuarterlyIQ Insights · UEIC
Material updates from SEC filings (8-K, 10-Q, 10-K) ranked by impact, with no firehose noise.
Entry into a Material Definitive Agreement On August 21, 2026, Universal Electronics Inc. (the "Company") entered into a Third Amended and Restated Credit Agreement (the “Third Amended and Restated Credit Agreement”) with the lenders from time to time parties thereto and U.S. Bank National Association (“U.S. Bank”), as administrative agent. The Third Amended and Restated Credit Agreement amends and restates that certain Second Amended and Restated Credit Agreement dated as of October 27, 2017…
Results of Operations and Financial Condition Financial Results for the Quarter Ended June 30, 2026 On August 6, 2026, Universal Electronics Inc. (the "Company") issued a press release reporting financial results for the quarter ended June 30, 2026 and certain other information. A copy of the Company's press release is furnished as Exhibit 99.1 with this Current Report on Form 8-K. The information in this Item 2.02, including Exhibit 99.1 hereto, shall not be incorporated by reference into an…
Other Events Special Cash Dividend On August 5, 2026, the Board authorized and approved a special, one-time cash dividend payable in an amount equal to $0.24 per share to all holders of shares of the Company’s common stock. The special dividend will be payable, subject to any prior revocation, on October 15 2026 to the Company’s stockholders of record on August 24, 2026. Forward-Looking Statements This Current Report contains forward-looking statements within the meaning of Section 27A of the…
Interim Chief Executive Officer and Chief Operating Officer — Richard K. Carnifax: Richard K. Carnifax resigned from his roles as Interim Chief Executive Officer and Chief Operating Officer.
Entry into a Material Definitive Agreement As a continuation of the line of credit granted by Bank of China Limited in August 2024, on July 15, 2026, Universal Electronics Inc.'s subsidiary, Gemstar Technology (Yangzhou) Co. Ltd. ("GTY"), entered into a Line of Credit Agreement (the "LOC") and a Working Capital Loan Contract (the "WC Contract"), each with Bank of China Limited, Baoying Sub-Branch (collectively, the LOC, the WC Contract, that certain Maximum Mortgage Contract signed August 29,…
Director — Sue Ann R. Hamilton: Ms. Hamilton resigned from her position as a member of the Board and the Board committees on which she served.
Results of Operations and Financial Condition Financial Results for the Quarter Ended March 31, 2026 On May 11, 2026, Universal Electronics Inc. (the "Company") issued a press release reporting financial results for the quarter ended March 31, 2026 and certain other information. A copy of the Company's press release is attached as Exhibit 99 and incorporated herein by reference.
Senior Vice President, Corporate Planning and Strategy — Ramzi Ammari: Senior Vice President, Corporate Planning and Strategy Ramzi Ammari is retiring effective May 29, 2026.
Results of Operations and Financial Condition Financial Results for the Quarter and Year Ended December 31, 2025 On March 12, 2026, UEI issued a press release reporting financial results for the quarter and year ended December 31, 2025. A copy of UEI's press release is furnished as Exhibit 99.1 with this Current Report on Form 8-K. The information in this Item 2.02, including Exhibit 99.1 hereto, shall not be incorporated by reference into any filing of the Company under the Securities Act of…
contains forward-looking statements within the meaning of Section 27A of the Securities Act and Section 21E of the Exchange Act. These forward-looking statements involve risks and uncertainties. These forward-looking statements may be identified by terms such as “will,” or “may,” or the negative of these terms, and similar expressions intended to identify forward-looking statements. These forward-looking statements include, but are not limited to, statements regarding the anticipated amount,…
Entry into a Material Definitive Agreement Twelfth Amendment to Credit Agreement On March 11, 2026, Universal Electronics Inc. (“UEI” or the “Company”) entered into a Twelfth Amendment (the “Twelfth Amendment” to the Second Amended and Restated Credit Agreement, dated as of October 27, 2017 (as amended, “Credit Agreement”), with the lender thereto and U.S. Bank National Association, as administrative agent. The Twelfth Amendment increases the limit on Restricted Payments (as defined in the Cr…
Chief Financial Officer — Wade M. Jenke: The company hired a new Chief Financial Officer from an external source.
Executive Vice President, Global Sales — David Chong: David Chong retired from his position as Executive Vice President, Global Sales.
Entry into a Material Definitive Agreement On November 17, 2025, Universal Electronics Inc. (the "Company") entered into an Eleventh Amendment to the Second Amended and Restated Credit Agreement (the "Eleventh Amendment") with the lenders from time to time parties thereto and U.S. Bank National Association, as administrative agent. This Eleventh Amendment amends that certain Second Amended and Restated Credit Agreement dated as of October 27, 2017 (as amended, the "Credit Agreement"), and all…
Other Events Share Repurchase Program On November 4, 2025, the Company's Board of Directors of the Company authorized management to continue the share repurchase program approved in October 2023 (the "Share Repurchase Program"). Pursuant to this authorization, the Company may, from time to time, repurchase up to the lesser of $3.5 million worth of its common stock or 778,362 shares (the total remaining number of shares available for repurchase under the Share Repurchase Program). This authori…
Results of Operations and Financial Condition Financial Results for the Quarter Ended September 30, 2025 On November 6, 2025, Universal Electronics Inc. (the "Company") issued a press release reporting financial results for the quarter ended September 30, 2025 and certain other information. A copy of the Company's press release is attached as Exhibit 99 and incorporated herein by reference.
Interim Chief Financial Officer — Sui Man Ho (a.k.a. Raymond Ho): Raymond Ho was appointed as Interim Chief Financial Officer, a significant internal promotion.
Chief Financial Officer — Bryan M. Hackworth: Mr. Hackworth retired from his position as Chief Financial Officer.
Results of Operations and Financial Condition Financial Results for the Quarter Ended June 30, 2025 On August 7, 2025, Universal Electronics Inc. ("UEI") issued a press release reporting financial results for the quarter ended June 30, 2025 and certain other information. A copy of UEI's press release is attached as Exhibit 99 and incorporated herein by reference.
Entry into a Material Definitive Agreement U.S. Bank Amendment On July 25, 2025, Universal Electronics Inc. (the "Company") entered into a Tenth Amendment (the "Tenth Amendment") to the Second Amended and Restated Credit Agreement (as amended, the "Credit Agreement") with U.S. Bank National Association. The Tenth Amendment allows for, among other things, the Company to grant a Lien (as defined in the Credit Agreement) in favor of Bank of China up to an amount not to exceed $21,000,000, which…
Interim Chief Executive Officer — Richard K. Carnifax: Richard K. Carnifax was appointed as Interim Chief Executive Officer.
Results of Operations and Financial Condition Financial Results for the Quarter Ended March 31, 2025 On May 8, 2025, Universal Electronics Inc. ("UEI") issued a press release reporting financial results for the quarter ended March 31, 2025 and certain other information. A copy of UEI's press release is attached as Exhibit 99 and incorporated herein by reference.
Other Events Share Repurchase Program On May 6, 2025, the Board of Directors of Universal Electronics Inc. (the "Company") authorized management to continue the share repurchase program approved in October 2023 (the "Share Repurchase Program"). Pursuant to this authorization, the Company may, from time to time until August 6, 2025, repurchase up to the lesser of $4.0 million worth of its common stock or 778,362 shares (the total remaining number shares available for repurchase under the Share…
CEO — Paul D. Arling: The CEO is retiring and the company has established an Office of CEO with internal promotions to manage the transition.
Entry into a Material Definitive Agreement On May 2, 2025, Universal Electronics Inc., a Delaware corporation (the “Company”), entered into a Cooperation Agreement (the “Cooperation Agreement”) with Kent Lake Partners LP (“Kent Lake”), Kent Lake PR LLC (“Kent Lake PR”), and Benjamin Natter (collectively with Kent Lake and Kent Lake PR, the “Investor Parties” and each, an “Investor Party”). Pursuant to the Cooperation Agreement, the Board of Directors of the Company (the “Board”) appointed Mr.…
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