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 newsUniversal Display Q1 revenue falls 14%, misses estimates
Brief: Universal Display Q1 Revenue USD 142.2 Million Vs. IBES Estimate USD 160.7 Million
Brief: Universal Display Corporation Increases Quarterly Cash Dividend To $0.50 Per Share
Universal Display slightly beats Q4 revenue estimates
Brief: Universal Display Q4 Revenue USD 172.9 Million Vs. IBES Estimate USD 172.9 Million