Universal Display Corporation posted Q3 net profits of $13.5 million, compared with losses of $1.5 million a year earlier, on turnover of $61.7 million, a 104% increase from $30.2 million. For the first three quarters there were profits of $71.1 million, a leap from $22.3 million, on revenue which doubled to $140.5 million from $70.1 million. The company commented that it was making “excellent headway” in developing a commercial phosphorescent blue emissive system.
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