Universal Display Corporation Announces Second Quarter 2019 Financial Results

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Universal Display (OLED) Tops Q2 EPS by 46c

August 1, 2019 5:31 PM EDT

Universal Display (NASDAQ: OLED) reported Q2 EPS of $0.92, $0.46 better than the analyst estimate of $0.46. Revenue for the quarter came in at $118.2 million versus the consensus estimate of $79.22 million.

We are pleased to report strong second quarter results across the board, said Sidney D. Rosenblatt, Executive Vice President and Chief Financial Officer of Universal Display. As OLED demand continues to grow, revenues from our top customers were up... More