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Total revenue in the third quarter of 2022 was $160.6 million as compared to $143.6 million in the third quarter of 2021.
November 4, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display reported financial results for the third quarter ended Sept. 30, 2022. Total revenue in the third quarter of 2022 was $160.6 million as compared to $143.6 million in the third quarter of 2021. As with the prior quarter, the near-term weakness in the overall global market economy is expected to have an impact on forecasted demand for OLED products utilizing our emitter material over the remaining life of certain customers’ contracts compared to prior estimates, resulting in r...
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