UPDATE: Universal Display (OLED) Tops Q4 EPS by 8c, FY Revenue Guidance Comes in Light

Universal Display (NASDAQ: OLED) reported Q4 EPS of $0.69, does not compare to the analyst estimate of $0.85. Revenue for the quarter came in at $115.9 million versus the consensus estimate of $100.02 million.

• Excluding the effects of the Tax Cuts and Jobs Act income tax expense of $11.5 million, net income was $44.3 million or $0.93 per diluted share for the fourth quarter of 2017.

GUIDANCE:

Universal Display sees FY2018 revenue of $350-380 million, versus the consensus of $398.24 million.

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

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