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Universal Display Corp (PANL) Misses Q4 EPS by 1c; Guides FY13 Revs

February 27, 2013 4:15 PM EST Send to a Friend
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Price: $26.02 --0%

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Patent costs: 4.75M

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Universal Display Corp (NASDAQ: PANL) reported Q4 EPS of $0.12, $0.01 worse than the analyst estimate of $0.13. Revenue for the quarter came in at $28.1 million versus the consensus estimate of $26.43 million.

Universal Display Corp sees FY2013 revenue of $110-$125 million, versus the consensus of $122.51 million. The company’s arrangement with SDC provides a substantial amount of visibility into its potential future financial performance. Although the OLED industry is still at a stage where many variables can have a material effect on growth, in an effort to increase our transparency, Universal Display is providing the following financial guidance

For earnings history and earnings-related data on Universal Display Corp (PANL) click here.

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