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Reports net income of $11 million on revenues of $30 million
August 9, 2012
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display Corporation announced its results for the second quarter of 2012. For the second quarter of 2012, the company reported net income of $11.0 million, or $0.23 per diluted share, on revenues of $30.0 million. For the second quarter of 2011, the company reported net income of $3.3 million, or a loss of $0.03 per diluted share, on revenues of $11.3 million. In the second quarter of 2012, the company recognized $15.0 million in revenue under a licensing agreement with Samsung Dis...
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