Flexible Electronics News

Universal Display Announces 1Q 2019 Financial Results

Total revenue in 1Q 2019 was $87.8 million as compared to $43.6 million in 1Q 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the first quarter ended March 31, 2019.   Total revenue in the first quarter of 2019 was $87.8 million as compared to $43.6 million in the first quarter of 2018.   “We are pleased to report solid first quarter 2019 results,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “Looking to the year, we continue to see strong momentum in the industry. As seen by leading OEM product launches, OLEDs are the display technology of choice for pre...

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