Brief: Universal Display Corp Says Q3 Earnings Per Share $0.78

Universal Display

30/10/2019 22:16

Oct 30 (Reuters) - Universal Display Corp  OLED.O :
    * ORATION ANNOUNCES THIRD QUARTER 2019 FINANCIAL RESULTS
    * Q3 EARNINGS PER SHARE $0.78
    * Q3 EARNINGS PER SHARE ESTIMATE $0.58 -- REFINITIV IBES
DATA
    * Q3 REVENUE $97.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$85.9
MILLION
    * UNIVERSAL DISPLAY - AS PANEL MAKERS CONTINUE TO SHIFT MORE
OF
THEIR FOCUS TO OLEDS , WE ARE SEEING CORRESPONDING INCREASE IN
OLED INVESTMENT MOMENTUM
    * UNIVERSAL DISPLAY - ESTIMATE INSTALLED CAPACITY BASE OF
OLEDS AT
END OF 2021, AS MEASURED IN SQUARE METERS, WILL INCREASE BY
ABOUT 50% VERSUS 2019 END
    * 2019 REVISED GUIDANCE
    * SEES 2019 REVENUE WILL BE APPROXIMATELY IN RANGE OF $400
MILLION
TO $410 MILLION
    * FY2019 REVENUE VIEW $383.3 MILLION -- REFINITIV IBES DATA

Source text for Eikon:  ID:nBwbSx0mwa 
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