Universal Display Corporation Announces Fourth Quarter and Full Year 2016 Financial Results

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Universal Display (OLED) PT Raised to $105 at Susquehanna on Strong 4Q Results, Upbeat 2017 Guidance

February 24, 2017 6:54 AM EST

Susquehanna Financial Group analyst Mehdi Hosseini reiterates Positive rating and raises price target on Universal Display Corp. (NASDAQ: OLED) to $105 (from $100), increasing estimates with thesis playing out, as the company reported 2016 fourth quarter revenues and EPS above the Street, while offering positive guidance.

Hosseini comments, "UDC had a strong... More

Oppenheimer Maintains Perform Rating on Universal Display (OLED) Following 4Q Revenue, EPS Beat; Growth 'Materializing'

February 24, 2017 6:07 AM EST

Oppenheimer analyst Andrew Uerkwitz reiterates Perform rating and Universal Display Corp. (NASDAQ: OLED), suggesting the companys capacity expansions are finally materializing into growth, as management reported 2016 fourth quarter revenue and EPS above consensus.

Uerkwitz comments, "OLED reported 4Q16 revenues/non-GAAP EPS of... More

Universal Display (OLED) Tops Q4 EPS by 13c

February 23, 2017 4:16 PM EST

Universal Display (NASDAQ: OLED) reported Q4 EPS of $0.55, $0.13 better than the analyst estimate of $0.42. Revenue for the quarter came in at $74.6 million versus the consensus estimate of $68.6 million.

We are pleased to report that 2016 finished on a strong note, said Sidney D. Rosenblatt, Executive Vice President and Chief... More