Voice Remote Design Wins Key to Universal Electronics Growth: Colliers
A key question for Universal Electronics is about its ability to secure new design wins to drive revenue growth in 2021, Colliers analyst Steven Frankel wrote investors Tuesday, before Thursday earnings report. As COVID-19 pressures ease on customers who rely…
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on a truck roll for cable box installation, and new products are released, sales growth should resume, he said. Colliers is looking for updates on new design activity, expecting MVPDs to follow the lead of Comcast's Flex platform. Q2 Video subscriber losses at Comcast were better than expected with a decline of 273,000 in Q3 vs. 427,000 lost in Q2, while it had 633,000 broadband additions, which drives installations of Flex -- and Universal’s voice remote, Frankel said.