Picture of Universal Display logo

OLED Universal Display News Story

0.000.00%
us flag iconLast trade - 00:00
TechnologyBalancedLarge CapNeutral

Universal Display falls after Q3 revenue miss

** Shares of OLED materials firm Universal Display OLED.O fall 14.9% to $115.10 premarket

** Co late on Thursday posted Q3 revenue of $139.6 million, missing analysts' estimate of $163.9 million, as per LSEG-compiled data

** Co posted net income of $44 million for the quarter, down from $66.9 million from a year ago

** As of last close, OLED stock was down 7.4% YTD

 (Reporting by Padmanabhan Ananthan)

 ((Padmanabhan.Ananthan@thomsonreuters.com))

Recent news on Universal Display

See all news