Universal Display: Q3 Earnings Snapshot
EWING, N.J. (AP) — EWING, N.J. (AP) — Universal Display Corp. (OLED) on Thursday reported third-quarter profit of $51.5 million.
On a per-share basis, the Ewing, New Jersey-based company said it had profit of $1.08.
The results beat Wall Street expectations. The average estimate of five analysts surveyed by Zacks Investment Research was for earnings of 99 cents per share.
The organic light-emitting diode technology company posted revenue of $141.1 million in the period, falling short of Street forecasts. Five analysts surveyed by Zacks expected $146.8 million.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on OLED at https://www.zacks.com/ap/OLED
