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Revenues for first nine months of 2012 were $55.1 million, a 29 percent increase from 2011
November 8, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display Corporation announced its results for the third quarter of 2012. For the third quarter of 2012, the company reported a net loss of $5.5 million, or $0.12 per diluted share, on revenues of $12.5 million. For the third quarter of 2011, the company reported net income of $6.0 million, or $0.12 per diluted share, on revenues of $21.8 million. “The long-term outlook for OLED technology remains strong, despite this quarter’s results,” said Sidney D. Rosenblatt, executive vice pres...
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