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Total revenue in the first quarter of 2023 was $130.5 million as compared to $150.5 million in the first quarter of 2022.
May 5, 2023
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display reported financial results for the first quarter ended March 31, 2023. “Our first quarter results were in-line with our expectations and we are reaffirming our full year 2023 outlook,” said Brian Millard, VP and CFO of Universal Display Corporation. “While macro uncertainties continue to linger, we believe that recent OLED investment and product announcements pave the path for a new OLED adoption cycle and strong growth in the coming years. “Additionally, today we a...
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