Shares of Universal Display OLED decreased in after-market trading after the company reported Q1 results.
Quarterly Results
Earnings per share increased 35.00% over the past year to $1.08, which beat the estimate of $0.79.
Revenue of $134,000,000 rose by 19.35% year over year, which beat the estimate of $119,960,000.
Outlook
Universal Display Corp Reaffirms FY21 Sales Guidance $530M-$560M vs $554.76M Est.
Details Of The Call
Date: May 06, 2021
Time: 05:00 PM
Recent Stock Performance
52-week high: $262.77
Company's 52-week low was at $137.30
Price action over last quarter: down 3.02%
Company Overview
Universal Display Corp researches, develops, and manufactures organic light-emitting diode, or OLED, technologies for use in displays for mobile phones, tablets, televisions, wearables, personal computers, automotive interiors, and the solid-state lighting market. OLED technologies are an alternative to light-emitting diode, or LED, technologies, in the solid-state lighting market, and liquid crystal displays in the flat-panel-display market. A large majority of the firm's revenue is generated in South Korea, with the rest coming from Japan, Taiwan, the United States, and other countries across the world.
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