Flexible Electronics News

Universal Display Announces 4Q, Full Year 2013 Financial Results

Full year revenues of $146.6 million, up 76 percent compared to 2012

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation announced its results for the fourth quarter and year ended Dec. 31, 2013. For the full year 2013, the company reported revenues of $146.6 million, up 76% compared to revenues of $83.2 million for 2012. Operating income rose to $38.2 million for the year, up 180% from $13.7 million in 2012. The company reported net income of $74.1 million, or $1.59 per diluted share, for the full year 2013, compared to net income of $9.7 million, or $0.21 per diluted share, for 2...

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