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Universal Electronics Inc

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BUSINESS
January 5, 2000
Universal Electronics Inc., a Cypress supplier of universal remote controls and other devices for home video and audio equipment, said Tuesday that its board of directors has approved a 2-for-1 stock split. Additional shares will be distributed by Jan. 31 in the form of a stock dividend to stockholders of record on Jan. 10. As of Dec. 31, Universal Electronics had about 6.8 million shares outstanding. The split will increase the total number to 13.6 million shares.
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BUSINESS
July 25, 2001 | From Associated Press; Bloomberg News
McDonald's Corp. on Tuesday reported a 16% drop in profit, its third straight quarterly decline, as the burger giant's stock rose modestly on its latest assurance that beef safety fears are easing in Europe, its top international market. Squeezed by weak foreign currencies and other concerns, McDonald's said it may close as many as 250 under-performing restaurants this quarter, primarily in emerging international markets.
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BUSINESS
August 13, 1998 | (Leslie Earnest
Universal Electronics Inc. said Wednesday it has named Camille Jayne as chief executive officer. Jayne, 45, succeeds David M. Gabrielsen, who has been with the Cypress-based maker of remote controls since 1994. Gabrielsen, 41, will retain his position as chairman. Jayne has been with the company since February as president and chief operating officer.
BUSINESS
July 20, 2001 | Reuters
MSC.Software Corp. in Santa Ana said Thursday that shareholders have approved its $132-million acquisition of Advanced Enterprise Solutions, a privately held systems and software integrator also based in Santa Ana. Shares of MSC.Software, a provider of information technology software and services, edged up 32 cents to $17.45 on the New York Stock Exchange. Universal Electronics Inc.
BUSINESS
April 19, 2000
The Cypress supplier of universal remote controls and other devices for home video and audio equipment, said net income for the first quarter rose to a record $1 million, or 7 cents a share, from $449,000, or 3 cents a share, for the 1999 first quarter. Sales grew 9% to $22.7 million.
BUSINESS
April 22, 1999
Universal Electronics Inc.: The Cypress supplier of remote controls and other devices for home video and audio equipment posted net income of $449,000, or 7 cents a share, for the first quarter, a gain of 31% from the $343,000, or 5 cents a share, a year earlier. Sales totaled $20.9 million. Sales for the first quarter last year were $22.9 million, which included $4.4 million from its discontinued North American retail business.
BUSINESS
July 22, 1999
Universal Electronics Inc.: The Cypress supplier of universal remote controls and other technologies for home video and audio equipment said net income for the second quarter was $1.2 million, or 17 cents a share, down 8% from the $1.3 million, or 20 cents a share, reported a year ago. Sales declined 8% to $22.8 million from $24.7 million. The 1998 figure included $2.4 million related to the company's discontinued North American retail business.
BUSINESS
April 25, 2001
The Cypress wireless technology developer said net income for the first quarter rose to $2.5 million, or 17 cents a share, from last year's first-quarter profit of $1 million, or 7 cents a share. Sales grew 37% to a first-quarter record of $31 million.
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