Flexible Electronics News

Universal Display Announces 3Q 2015 Financial Results

Company reported net income of $7.0 million, or $0.15 per diluted share, on revenues of $39.4 million.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation reported financial results for the third quarter ended Sept, 30, 2015.   For the third quarter of 2015, the company reported net income of $7.0 million, or $0.15 per diluted share, on revenues of $39.4 million, compared to net income of $4.3 million, or $0.09 per diluted share, on revenues of $32.9 million for the third quarter of 2014.   “We are pleased to report strong revenues, operating income and earnings in the third quarter as demand increased from custom...

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