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Total revenue in the second quarter of 2022 was $136.6 million as compared to $129.7 million in 2Q 2021.
August 8, 2022
By: DAVID SAVASTANO
Editor, Ink World Magazine
Universal Display reported financial results for the second quarter ended June 30, 2022. Total revenue in the second quarter of 2022 was $136.6 million as compared to $129.7 million in the second quarter of 2021. The deterioration in the overall global market economy had a negative impact on the demand for OLED products utilizing our emitter material. Revenue from material sales was $71.9 million in the second quarter of 2022 as compared to $77.4 million in the second quarter of 2021. Reve...
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