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Company reported net income of $21.8 million, or $0.46 per diluted share, on revenues of $64.4 million.
August 4, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display Corporation reported financial results for the second quarter ended June 30, 2016. For the second quarter of 2016, the company reported net income of $21.8 million, or $0.46 per diluted share, on revenues of $64.4 million. This includes $1.8 million of currency exchange loss related to the BASF OLED patent acquisition. For the second quarter of 2015, the company reported a net loss of $11.8 million, or $0.25 per diluted share, on revenues of $58.1 million. The 2015 net loss...
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