Flexible Electronics News

Universal Display Announces 4Q, Full Year 2020 Financial Results

Total revenue in the fourth quarter of 2020 was $141.5 million compared to $101.7 million in 4Q 2019.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Citing new quarterly revenue records as well as a new long-term collaboration, Universal Display reported excellent financial results for the fourth quarter and full year ended Dec. 31, 2020.   Total revenue in the fourth quarter of 2020 was $141.5 million compared to $101.7 million in 4Q 2019. Of that, material sales were $62.5 million in 4Q 2020 compared to $60.8 million in the previous year. Revenue from royalty and license fees was $75 million in 4Q 2020 compared to $37.8 million in the ...

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