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Company reported net income of $1.9 million on revenues of $29.7 million.
May 9, 2016
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display reported financial results for the first quarter ended March 31, 2016. For the first quarter of 2016, the company reported net income of $1.9 million, or $0.04 per diluted share, on revenues of $29.7 million, compared to net income of $1.3 million, or $0.03 per diluted share, on revenues of $31.2 million for the first quarter of 2015. “In the first quarter, our commercial emitter revenues grew 8% year-over-year, primarily driven by strong green emitter shipments. Royalty ...
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