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Stock impact report

Universal Display (NASDAQ:OLED) Reports Bullish Q1 [Yahoo! Finance]

Universal Display Corporation (OLED) 
Last universal display corporation earnings: 2/20 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.oled.com/shareholders/default.aspx
Company Research Source: Yahoo! Finance
The company expects the full year's revenue to be around $655 million, in line with analysts' estimates. It made a GAAP profit of $1.19 per share, improving from its profit of $0.84 per share in the same quarter last year. Is now the time to buy Universal Display? Find out in our full research report Universal Display (OLED) Q1 CY2024 Highlights: Revenue: $165.3 million vs analyst estimates of $150.4 million (9.9% beat) EPS: $1.19 vs analyst estimates of $1.02 (16.7% beat) The company reconfirmed its revenue guidance for the full year of $655 million at the midpoint Gross Margin (GAAP): 77.6%, up from 72.9% in the same quarter last year Inventory Days Outstanding: 426, up from 415 in the previous quarter Free Cash Flow of $64.95 million, up 120% from the previous quarter Market Capitalization: $7.24 billion “We began the year on a strong note with solid first quarter results across the board,” said Brian Millard, Vice President and Chief Financial Officer of Univer Show less Read more
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