Universal Display Corporation Announces First Quarter 2018 Financial Results
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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
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
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
