Universal Display Corporation Reports Q4 EPS of $(0.14) vs. $(0.07)

Universal Display Corporation PANL today announced its results for the fourth quarter ended December 31, 2010.

Revenues for the fourth quarter of 2010 were $10,795,040, more than double fourth quarter 2009 revenues of $4,851,012.

The net loss for the fourth quarter of 2010 was $5,316,414, or ($0.14) per basic and diluted share, compared to a net loss of $3,847,696 or ($0.10) per basic and diluted share, for the fourth quarter of 2009. The net loss for the fourth quarter of 2010 included a $4,845,439 non-cash loss on stock warrant liability, compared to a gain of $90,025 on stock warrant liability in the fourth quarter of 2009.