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Universal Display Q3 Earnings Beat Estimates, Revenue Misses

Associated Press +3 · ·by G4L

OLED
OLED Universal Display Corp
$89.29 -0.67%
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  1. 1Universal Display Corp. reported earnings per share of $1.72 for the third quarter.
  2. 2Universal Display Corp. reported third-quarter revenue of $160.4 million.
  3. 3Universal Display Corp. expects annual revenue to be in the range of $630 million to $670 million.

So what's the key point?

Universal Display Corp. earned more profit than experts expected, but its revenue fell short of expectations. The company performed well in terms of profit, recording $1.72 per share.

Source Associated Press +3 · View original ↗

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