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Universal Display Announces 3Q 2014 Financial Results

Increased 3Q operating income by 43% from 2013

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation reported financial results for the third quarter ended Sept. 30, 2014.   For the quarter, the company reported net income of $4.3 million, or $0.09 per diluted share, on revenues of $32.9 million. For the third quarter of 2013, the Company reported net income of $5.5 million, or $0.12 per diluted share, on revenues of $32.8 million. During the quarter, the company incurred income tax expense of $2.0 million, compared to income tax benefit of $1.1 million in the sa...

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