How did UEIC's revenue and expenses shift in Q4 2024 compared to previous quarters?

Universal Electronics International Corp (UEIC) experienced a significant increase in revenue and a decrease in net income in Q4 2024 compared to the previous quarter, Q3 2024. 1. **Revenue Shift**: - UEIC's revenue for Q4 2024 was $24.54 million. - This is a substantial increase from the previous quarter, Q3 2024, where the revenue was $17.79 million. 2. **Net Income Shift**: - UEIC's net income for Q4 2024 was -$4.53 million. - This represents an improvement from the net income of -$8.19 million in Q3 2024. - However, when compared to Q2 2024, the net income decreased by $1.87 million, as the net income for Q2 2024 was -$8.65 million. |code|Ticker|Name|Date|Total Revenue YoY|Total Revenue|market_code| |---|---|---|---|---|---|---| |UEIC|UEIC.O|Universal|2024 Q1|-15.203410317687332|9.19E7|185| |UEIC|UEIC.O|Universal|2024 Q2|-15.773202596120717|9.0452E7|185| |UEIC|UEIC.O|Universal|2024 Q3|-4.689294551566366|1.02073E8|185| |UEIC|UEIC.O|Universal|2024 Q4|13.177039572104842|1.10454E8|185| |code|Ticker|Name|Date|Net Income YoY|Net Income|market_code| |---|---|---|---|---|---|---| |UEIC|UEIC.O|Universal|2024 Q1|85.90518716490394|-8649000|185| |UEIC|UEIC.O|Universal|2024 Q2|21.304389587935837|-8193000|185| |UEIC|UEIC.O|Universal|2024 Q3|86.27207933064766|-2658000|185| |UEIC|UEIC.O|Universal|2024 Q4|36.229231202478175|-4529000|185|