Universal Electronics Inc. entered the Twelfth Amendment to its Credit Agreement increasing the Restricted Payments limit from $4 million to $8 million, reported Q4 and FY 2025 financial results with GAAP net sales of $87.7 million and $368.3 million respectively, and its Board authorized an additional 1,000,000 shares for repurchase under the Share Repurchase Program. These actions enhance capital return flexibility and signal operational improvements.
Key takeaways
Twelfth Amendment to Credit Agreement on March 11, 2026, increases Restricted Payments limit to $8 million with U.S. Bank National Association.
Q4 2025 GAAP net sales $87.7 million vs $110.5 million prior year; FY 2025 $368.3 million vs $394.9 million.
Q4 2025 GAAP operating income $0.9 million vs loss of $4.4 million; FY 2025 GAAP operating loss $6.4 million vs $15.3 million.
Board authorized repurchase of up to additional 1,000,000 shares on March 11, 2026, totaling 1,013,556 shares available.
FY 2025 cash flow from operations $23.6 million; cash and equivalents $32.3 million at December 31, 2025.
FY 2026 Adjusted non-GAAP diluted EPS guidance $0.45 to $0.65.