Susquehanna Reiterates Negative Rating on Universal Display (OLED) as Earnings Announcement Likely to Contain Negative Fundamental Data Points

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Universal Display (OLED) Tops Q4 EPS by 49c, Revenues Beat; Offers FY21 Revenue Outlook

February 18, 2021 4:10 PM EST

Universal Display (NASDAQ: OLED) reported Q4 EPS of $1.13, $0.49 better than the analyst estimate of $0.64. Revenue for the quarter came in at $141.5 million versus the consensus estimate of $109.32 million.

Financial Highlights for the Fourth Quarter of 2020

Total revenue in the fourth quarter of 2020 was $141.5 million as compared to $101.7 million in the fourth quarter of 2019.Revenue from material sales was $62.5 million in the fourth quarter of 2020 as compared to $60.8 million in the fourth quarter of 2019.Revenue from royalty and license fees was $75.0 million in the fourth quarter of 2020 as compared to... More