Flexible Electronics News

Universal Display Announces 2Q, 1H 2014 Financial Results

Revenues for the first six months of 2014 were $102.0 million, a 58 percent increase from 2013

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation reported financial results for the second quarter ended June 30, 2014. For the second quarter of 2014, the company reported net income of $20.4 million, or $0.44 per diluted share, on revenues of $64.1 million. For the second quarter of 2013, the company reported net income of $15.4 million, or $0.33 per diluted share, on revenues of $49.4 million. “We are pleased to report another record quarter of strong revenues and operating profit. The continued broaden...

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