Universal Display Corporation Announces First Quarter 2020 Financial Results
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Universal Display (OLED) Tops Q1 EPS by 13c; Withdraws Guidance
May 7, 2020 4:20 PM EDTUniversal Display (NASDAQ: OLED) reported Q1 EPS of $0.80, $0.13 better than the analyst estimate of $0.67. Revenue for the quarter came in at $112.3 million versus the consensus estimate of $98.64 million.
In these extraordinarily challenging times due to the COVID-19 pandemic, we have been able to keep our employees safe, maintain our business operations and continue our strategic growth programs. During the first quarter, we activated crisis management and business continuity plans to safeguard our people and to ensure our ability to continue our R&D programs, and manufacture and ship to customers our energy-efficient, high-performing... More
