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Universal Display Records $160 Million in Third Quarter Revenue

The Motley Fool +1 · ·by G4L

OLED
OLED Universal Display Corp
$89.29 -0.67%
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  1. 1Universal Display recorded $160 million in revenue for the third quarter.
  2. 2Universal Display's share buybacks totaled $193 million over nine months.
  3. 3Investment in 8.6G OLED production capacity by display companies is $20 billion.

So what's the key point?

Universal Display generated $160 million in revenue during the third quarter. Display companies are investing $20 billion, and the company is buying back its own shares.

Source The Motley Fool +1 · View original ↗

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