The Latest Breaking News from Universal Display

Credo Technology Group (NASDAQ:CRDO) is preparing to release its quarterly earnings on Monday, 2024-12-02. Here's a brief overview of what investors should keep in mind before the announcement.

A Relative Strength Rating upgrade for Universal Display shows improving technical performance.

Fully phosphorescent OLEDs could be even brighter, and they could arrive as early as next year.

OLED display specialist Universal Display crushed estimates for the fourth quarter but forecast declining sales in the year ahead.

Upgrades

According to Benzinga Pro, during Q1, Universal Display (NASDAQ:OLED) earned $49.97 million, a 8.92% increase from the preceding quarter. Universal Display also posted a total of $150.47 million in sales, a 2.89% increase since Q4.

Universal Display (NASDAQ:OLED) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:08 PM. Here's what investors need to know about the announcement. Earnings Universal Display beat estimated earnings by 7.14%, reporting an EPS of $1.05 versus an estimate of $0.98.

Analog Devices says it’s capitalizing on the strong growth of electrification, digitization, automation, and connectivity.

Analysts slashed their price targets on Universal Display Corp (NASDAQ:OLED) following Q4 results. Deutsche Bank analyst Sidney Ho lowered the price target to $180 from $240 (20% upside) and kept a Buy. Although the company's 2022 outlook was below expectations, the announcement of phosphorescent Blue being ready for commercialization by…