Wedbush Downgrades Universal Display (PANL) to Neutral, Sees Major Disruption in Customer Demand

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Go back to Wedbush Downgrades Universal Display (PANL) to Neutral, Sees Major Disruption in Customer Demand

Universal Display Corp (PANL) Posts Surprise Q3 Loss; Cuts FY12 Sales Outlook

November 7, 2012 4:22 PM EST

Universal Display Corp (NASDAQ: PANL) reported Q3 EPS of ($0.12), $0.17 worse than the analyst estimate of $0.05. Revenue for the quarter came in at $12.5 million versus the consensus estimate of $18.87 million.

Universal Display Corp sees FY2012 revenue of $80-82 million, versus prior guidance of $90-110... More