Universal Display (OLED) Tops Q3 EPS by 7c, Offers Guidance

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Go back to Universal Display (OLED) Tops Q3 EPS by 7c, Offers Guidance

Universal Display (OLED) Reports 3Q EPS Beat; Summit Research Raises Price Target to $35

November 6, 2015 7:25 AM EST

Summit Research reiterated a Hold rating on Universal Display (NASDAQ: OLED), and raised the price target to $35.00 (from $31.00), following the company's 3Q15 earnings report. OLED beat consensus revenue of $38.0M and Non-GAAP EPS of $0.08 with $39.4M in revenue, and $0.15 EPS.

Analyst Srini Sundararajan commented,... More