Published on 2 May 2024 on StockStory via Yahoo Finance
Universal Display (NASDAQ:OLED) Reports Bullish Q1
OLED provider Universal Display (NASDAQ:OLED) beat analysts' expectations in Q1 CY2024, with revenue up 26.7% year on year to $165.3 million. The company expects the full year's revenue to be around $655 million, in line with analysts' estimates. It made a GAAP profit of $1.19 per share, improving from its profit of $0.84 per share in the same quarter last year.