UEIC - Earnings call Q4 2025

Good afternoon. My name is Daniel, and I will be your conference operator today.

Now I would like to welcome everyone to Universal Electronics Fourth Quarter and Year-End 2025 Financial Results Conference Call. [Operator Instructions] As a reminder, this call is being recorded.

I will now turn today's conference call over to Ryan Hockgesang, General Counsel. Please go ahead.

Thank you, operator, and thank you all for joining us for the Universal Electronics Fourth Quarter 2025 Financial Results Conference Call. By now, you should have received a copy of the press release.

If you have not, please visit the Investor Relations section of the website. This call is being broadcast live over the Internet. A webcast replay of this call, including any additional updated material nonpublic information that might be discussed during this call will be available on the company's website at www.uei.com for a period of 1 year.

During this call, management may make forward-looking statements regarding future events and the future financial performance of the company and cautions you that these statements are just projections, and actual results or events may differ materially from those projections. These statements include the company's goals, focus, strategies and opportunities market trends, including in the connected home and the home entertainment space, expectations with respect to customer orders and customer demand, including short-term and long-term demand, restructuring plans and actions, including expected benefits and timing, financial projections and forecasts, including revenue, gross profit, cost savings, operating profit and net income adjusted free cash flow, cash and working capital, our ability to respond to business and regulatory changes such as tariffs and macroeconomic conditions and expectations with respect to our ongoing litigation.

The company undertakes no obligation to revise or update these statements to reflect events or circumstances that may arise