Universal Display Corporation Announces Second Quarter 2018 Financial Results

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Go back to Universal Display Corporation Announces Second Quarter 2018 Financial Results

Universal Display (OLED) PT Raised to $145 at Needham & Company; Increased Confident in 2nd-Half Recovery

August 10, 2018 7:23 AM EDT

Needham & Company raised its price target on Universal Display (NASDAQ: OLED) to $145.00 (from $130.00) while maintaining a Buy rating.

Analsyt James Ricchiuti said the better Q2 increases confidence in a sharp 2nd-half recovery. 2019 is also looking promising.

"Looking to 2019, we... More

Universal Display (OLED) Tops Q2 EPS by 8c, Offers FY Guidance

August 9, 2018 4:16 PM EDT

Universal Display (NASDAQ: OLED) reported Q2 EPS of $0.23, $0.08 better than the analyst estimate of $0.15. Revenue for the quarter came in at $56.1 million versus the consensus estimate of $49.58 million.

GUIDANCE:

Universal Display sees 2018 revenue of $280-310 million, versus the... More