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Universal Display Corp. (PANL) Is Heading Higher Following Q2 Report

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8/8/2012 4:47 PM ET

Universal Display Corp. (PANL: Quote) reported second quarter net income of $0.23 per share after the bell Wednesday, compared to the loss of $0.03 per share in the previous year. The consensus estimate was for EPS of $0.24. The stock is now up 1.13 on 25K shares.

Universal Display fell around mid-afternoon Wednesday and closed down by 1.04 at $32.82 on above average volume. The stock pulled back from the upper end of a 2-week range.

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by RTT Staff Writer

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