Published on 23 Feb 2024 on StockStory via Yahoo Finance
Universal Display (NASDAQ:OLED) Misses Q4 Sales Targets
OLED provider Universal Display (NASDAQ:OLED) missed analysts' expectations in Q4 FY2023, with revenue down 6.3% year on year to $158.3 million. The company's full-year revenue guidance of $650 million at the midpoint also came in 2.8% below analysts' estimates. It made a GAAP profit of $1.29 per share, down from its profit of $1.36 per share in the same quarter last year.
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