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Reported net income of $1.3 million on revenues of $31.2 million
May 7, 2015
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display Corporation reported financial results for the first quarter ended March 31, 2015. For the first quarter of 2015, the company reported net income of $1.3 million, or $0.03 per diluted share, on revenues of $31.2 million, compared to net income of $4.0 million, or $0.09 per diluted share, on revenues of $37.8 million for the first quarter of 2014. “During the first quarter, we saw the introduction of new OLED displays, including flagship products from our top customers, ...
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