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Total revenue in the second quarter of 2019 was $118.2 million as compared to $56.1 million in the second quarter of 2018.
August 6, 2019
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display reported financial results for the second quarter ended June 30, 2019. Total revenue in the second quarter of 2019 was $118.2 million as compared to $56.1 million in the second quarter of 2018. On the basis of ASC Topic 605 (the applicable accounting standard prior to the adoption of ASC Topic 606), total revenue in the second quarter of 2019 would have been $119.8 million, compared to $73.6 million in the second quarter of 2018. Revenue from material sales was $76.3 m...
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