Shares of OLED provider Universal Display (NASDAQ:OLED) jumped 9.5% in the morning session after the company reported first-quarter results with strong operating margin improvement. Its revenue and EPS also outperformed Wall Street's estimates. The top line was driven by a strong demand for emitter materials. Moving on, the company raised the lower end of its full-year sales guidance, with revenue expected to be in the range of $635 - $675 million. On the other hand, its inventory levels increas
Universal Display (OLED) reports top-line growth year over year in the first quarter of 2024, driven by healthy demand for OLED displays across multiple market verticals.
Q1 2024 Universal Display Corp Earnings Call