Universal Display ( NASDAQ:OLED ) First Quarter 2024 Results Key Financial Results Revenue: US$165.3m (up 27% from 1Q...
Universal Display Corporation (NASDAQ:OLED) Q1 2024 Earnings Call Transcript May 2, 2024 Universal Display Corporation beats earnings expectations. Reported EPS is $1.19, expectations were $1.05. OLED isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Good day, ladies and gentlemen, and […]
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