Universal Display (OLED) Misses Q2 EPS by 4c; Lowers Outlook
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Oppenheimer Remains Sidelined on Universal Display (OLED) as Guidance Cut Amid Samsung Delays
August 5, 2016 7:59 AM EDTOppenheimer analyst Andrew Uerkwitz reiterated a Perform rating on Universal Display (NASDAQ: OLED) as revenues guidance was cut due to delays as Samsung.
Uerkwitz commented, "OLED reported 2Q16 revenues/non-GAAP EPS of $64.4M/$0.46 vs. our $69.5M/$0.51E and consensus of $69.5M/$0.51E. The... More
Needham & Company Downgrades Universal Display (OLED) to Hold as 2nd-Half Outlook Cut
August 5, 2016 7:25 AM EDTNeedham & Company downgraded Universal Display (NASDAQ: OLED) from Buy to Hold and 2nd-half revenue cut.
Analyst James Ricchiuti commented, "We are reducing our rating on UDC to Hold from Buy after Q2 results came in modestly below expectations and mgmt reduced the 2H rev... More
