Flexible Electronics News

Universal Display Announces 2Q 2013 Financial Results

Revenues in the second quarter of 2013 were $49.4 million, up 65 percent from revenues in the second quarter of 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation announced its results for the second quarter of 2013. For the second quarter of 2013, the company reported net income of $15.4 million, or $0.33 per diluted share, increases of 40% and 43%, respectively, from second quarter 2012 net income of $11.0 million, or $0.23 per diluted share. Revenues in the second quarter of 2013 were $49.4 million, up 65% from revenues of $30.0 million in the second quarter of 2012. “We are pleased to report strong second quar...

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