Flexible Electronics News

Universal Display Announces 4Q, Full Year 2014 Financial Results

Full year 2014 revenues are $191.0 million, up 30% from 2013

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display announced its results for the fourth quarter and year ended Dec. 31, 2014.   For the full year 2014, the company reported revenues of $191.0 million, up 30% compared to revenues of $146.6 million for 2013. Operating income increased to $58.6 million for the year, up 53% from $38.2 million for 2013.   The company reported net income of $41.9 million, or $0.90 per diluted share, for the full year 2014, compared to net income of $74.1 million, or $1.59 per diluted share, for 2...

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