Flexible Electronics News

Universal Display Announces 2Q 2017 Financial Results

Total revenue increased 59% to $102.5 million in the second quarter, compared with $64.4 million in 2Q 2016.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the second quarter ended June 30, 2017.   “We are pleased to report solid year-over-year growth across the board, leading to record revenues and earnings,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “Our outstanding performance stems from over two decades of consistently investing in our pioneering technology, scaling our critical mass, and streamlining our operational flexibility from invention, to pilot, to mass production, i...

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