Flexible Electronics News

Universal Display Announces 2Q 2021 Financial Results

Operating income was $49.9 million in the second quarter of 2021 as compared to operating loss of $1.2 million in the second quarter of 2020.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the second quarter ended June 30, 2021. Total revenue in the second quarter of 2021 was $129.7 million as compared to $58 million in the second quarter of 2020. Revenue from material sales was $77.4 million in the second quarter of 2021 as compared to $31.9 million in the second quarter of 2020. Revenue from royalty and license fees was $48.2 million in the second Operating income was $49.9 million in the second quarter of 2021 as compared to op...

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