Flexible Electronics News

Universal Display Announces 4Q, Full Year 2015 Financial Results

For full year 2015, the company reported revenues of $191 million, essentially flat from 2014.

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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, 2015.   For the full year 2015, the company reported revenues of $191.0 million, essentially flat compared to the prior year. Operating income decreased to $32.3 million for the year, down 45% from $58.6 million for 2014. The company reported net income of $14.7 million, or $0.31 per diluted share, for the full year 2015, compared to net income of $41.9 million, or $0.90 per diluted share, for 2014.   The ...

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