Universal Display Corp. (PANL) reported fourth quarter net income of $0.12 per share after the close Wednesday, which was flat with the previous year result. The consensus estimate was for EPS of $0.13. Fourth quarter revenues increased 51% to $28.1 million from $18.7 million a year ago. The consensus estimate was for revenues of $26.44 million.
The company forecast revenues of $110 million to $125 million for fiscal 2013. Analyst currently expect the company to post revenue of $122.51 million. The stock is now up 1.10 on 16K shares.
Universal Display declined during the first half of the morning Wednesday and closed down by 0.50 at $27.90. The stock has been losing ground since the beginning of the trading week.
For comments and feedback contact: editorial@rttnews.com
Business News
June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.