Universal Display Corporation Announces Second Quarter 2022 Financial Results

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Universal Display (OLED) Misses Q2 EPS by 18c; Lowers Outlook

August 4, 2022 4:43 PM EDT

Universal Display (NASDAQ: OLED) reported Q2 EPS of $0.87, $0.18 worse than the analyst estimate of $1.05. Revenue for the quarter came in at $136.6 million versus the consensus estimate of $152.43 million.

GUIDANCE:

Universal Display sees FY2022 revenue of $590-610 million, versus the consensus of... More