Flexible Electronics News

Universal Display Announces 2Q 2018 Financial Results

Company anticipates new opportunities for OLEDs in the near future.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the second quarter ended June 30, 2018.   “In the second quarter, we saw material sales improving off what we believed to be a first quarter ‘bottom’ for material shipments,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “With anticipated new OLED product launches from leading OEMs around the world, we continue to expect an additional pick-up in orders and revenues in the second half of the year. As we look to 2019, we continue to...

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