Universal Display Corporation Announces First Quarter 2017 Financial Results

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Go back to Universal Display Corporation Announces First Quarter 2017 Financial Results

Universal Display (OLED) PT Raised to $115 at Cowen; Strong Beat and Strong Pipeline

May 5, 2017 6:38 AM EDT

Cowen raised its price target on Universal Display (NASDAQ: OLED) to $115.00 (from $105.00) while maintaining a Outperform rating following strong results and outlook.

Analyst Robert Stone notes all segments were higher than they modeled and emitter materials set a record. Development materials up 395%... More

Universal Display (OLED) Reports Q1 EPS of $0.22, Sales Easily Beat; Issues Strong Guidance

May 4, 2017 4:27 PM EDT

Universal Display (NASDAQ: OLED) reported Q1 EPS of $0.22, versus $0.04 reported last year. Revenue for the quarter came in at $55.6 million versus the consensus estimate of $33.76 million.

GUIDANCE:

Universal Display sees FY2017 revenue of at leaset $260-280 million, versus the consensus of $247.04... More