Flexible Electronics News

Universal Display Announces 3Q 2019 Financial Results

Total revenue in the first nine months of 2019 was $303.4 million as compared to $177.3 million in the first nine months of 2018.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the third quarter ended Sept. 30, 2019. “We are pleased to report another quarter of solid results,” said Sidney D. Rosenblatt, EVP and CFO of Universal Display. “During the quarter, OLED activity continued to gain strength on a global scale. As a result, we are raising our 2019 revenue guidance and believe that we are well on track to deliver record revenues and earnings for the year, and expect this strength to continue into 2020. “We believe ...

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