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Results reflect growing demand for proprietary materials and technology
May 10, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display Corporation announced its results for the first quarter of 2012. For the first quarter of 2012, the company reported an operating loss of $1.6 million and a net loss of $1.2 million, or ($0.03) per diluted share, on revenues of $12.6 million. This compares to an operating loss of $2.7 million and a net loss of $11.9 million, or ($0.31) per diluted share, on revenues of $9.6 million for the first quarter of 2011. The net loss for the first quarter of 2011 included an $8.9 mil...
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