Rich, you were so good for 2-3 days. Now it looks like you've gone off your meds and are vomiting nonsense onto the board again. I'm very sad for you, bro.
Although I agree with your advice to stop watching daily stock price moves, I think we should all give Rich a small break, since he's been on his best behavior over the past 36 hours...
Um, sorry to break the bad news, but all of the space shuttles have been retired and are sitting at museums.
I don't think you are abusing the board, just being very very annoying. Everyone here would really appreciate it if you would limit your "opinion on the underperformance of this stock" -- how about one post at the open, one around mid-day and one at the close? In between you are welcome to say something meaningful about the company, valuation, products, leadership, etc....
Rich, please sell your OLED, use the proceeds to buy QTMM and leave us for the QTMM board. Thank you in advance.
Settle down, Beavis. Putin is screwing the equity markets in every country across the globe. OLED down a point or two doesn't bother me too much. I live for the long term, not minute to minute or even week to week.
Revenues for the fourth quarter of 2013 were $49.5 million compared to revenues of $28.1 million in the same quarter of 2012. Growth in fourth quarter revenues was led by a 153% increase in material sales, which rose to $25.5 million, up from $10.1 million in the fourth quarter of 2012, reflecting strong volume growth in green emitter and host material sales.
Royalty and license fees were $23.1 million in the fourth quarter of 2013 compared to $15.4 million in the same quarter of 2012. The Company recognized $20 million in SDC licensing revenue in the fourth quarter of 2013, up from $15 million in the same quarter of 2012.
Operating expenses for the fourth quarter of 2013 were $30.1 million compared to $19.8 million in the same quarter of 2012. Cost of materials for the fourth quarter of 2013 were $7.7 million compared to $0.7 million in the fourth quarter of 2012, reflecting an increase in the quantity of material shipped and changes in product mix.
The Company reported operating income of $19.4 million for the fourth quarter of 2013, compared to $8.4 million for the fourth quarter of 2012. Net income for the fourth quarter of 2013 was $57.9 million, or $1.24per diluted share, compared to $5.4 million, or $0.12 per diluted share, for the fourth quarter of 2012. Net income for the fourth quarter of 2013 included a total deferred income tax benefit of $41.4 million, which included $59.4 million for the release of income tax valuation allowances offset by the recording of a deferred income tax provision of $17.9 million subsequent to the release. Excluding the net effect of those items, adjusted net income for the fourth quarter of 2013 was $16.5 million, or $0.35 per adjusted diluted share.
wearables are not going to have "huge ramifications" for OLED. The displays are tiny and don't use much emitter/host material. Or is there some other reason to get excited about wearables?
Congratulations, Rich. That was a useful post. You actually contributed a little bit of value to this board. I gave you a thumbs up!
I don't think MWC will have any effect -- positive or negative -- on OLED. Sammy's GS5 will likely have very similar display technology to the S4.
Thursday AH, however . . .