Universal Display Corporation Announces First Quarter 2018 Financial Results

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Universal Display (OLED) PT Lowered to $146 at Susquehanna

May 4, 2018 7:30 AM EDT

Susquehanna lowered its price target on Universal Display (NASDAQ: OLED) to $146.00 (from $165.00) while maintaining a Positive rating.

Analsyt Mehdi Hosseini commented, "Lowering estimates to reflect sharper SP inventory correction. This is believed to be the last downward revision, and combined with 50%+... More

Universal Display (OLED) PT Lowered to $130 at Needham & Company

May 4, 2018 7:26 AM EDT

Needham & Company lowered its price target on Universal Display (NASDAQ: OLED) to $130.00 (from $170.00) while maintaining a Buy rating.

Analyst James Ricchiuti commented, "Expectations could not have been lower going into the Q1 print yesterday. However, while investor concerns were justified, the Q1... More

Universal Display (OLED) Reports In-Line Q1 EPS, Guides FY Revenue Below Views

May 3, 2018 4:13 PM EDT

Universal Display (NASDAQ: OLED) reported Q1 EPS of $0.13, in-line with the analyst estimate of $0.13. Revenue for the quarter came in at $0 versus the consensus estimate of $51.86 million.

GUIDANCE:

Universal Display sees FY2018 revenue of $280-310 million, versus the consensus of $363.86... More