Universal Display Posts a Stellar Quarter on Accelerated Orders From China
Universal Display (NASDAQ: OLED) released second-quarter 2019 results on Thursday after the markets closed, absolutely crushing expectations, partly thanks to orders from Chinese customers pulled forward from the second half.
Still, the OLED technologist followed by raising its full-year guidance, crediting the broader momentum of the OLED industry. After briefly surging to an all-time high this morning, Universal Display stock pulled back to trade down around 3% this afternoon.
GAAP revenue
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