Universal Display Corporation Announces First Quarter 2016 Financial Results
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Needham & Company Raises Price target on Universal Display (OLED) Following Mixed Quarter
May 6, 2016 8:32 AM EDTNeedham & Company reiterated a Buy rating on Universal Display (NASDAQ: OLED), and raised the price target to $62.00 (from $57.00), following the company's 1Q earnings report. UDC posted EPS of $0.04, above the Street's expectations of a breakeven quarter. Revenues declined 5% y/o/y to $29.7M, below consensus estimates of $31.6M. Mgmt... More
Gabelli Downgrades Universal Display (OLED) to Hold
May 6, 2016 8:23 AM EDTGabelli downgraded Universal Display (NASDAQ: OLED) from Buy to Hold.
For an analyst ratings summary and ratings history on Universal Display click here. For more ratings news on Universal Display click here.
Shares of Universal Display closed at $56.25 yesterday.
... MoreUniversal Display Corp (OLED) In A Holding Pattern - Oppenheimer
May 6, 2016 6:52 AM EDTOppenheimer analyst, Andrew Uerkwitz, maintained his Perform rating on Universal Display (NASDAQ: OLED) as revenues dropped 5% Y/Y, with 22% royalty/license fee growth offset by a 9% decline in material sales. Green emitter sales were up 25% Q/Q due to sales of yellow green... More
Universal Display (OLED) Tops Q1 EPS by 4c
May 5, 2016 5:23 PM EDTUniversal Display (NASDAQ: OLED) reported Q1 EPS of $0.04, $0.04 better than the analyst estimate of $0.00. Revenue for the quarter came in at $29.7 million versus the consensus estimate of $31.56 million.
In the first quarter, our commercial emitter revenues grew 8% year-over-year, primarily driven by strong green emitter... More
