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Universal Display Result 22/02/2018

Universal Display Corporation reported financial results for the fourth quarter and year ended December 31, 2017. Total revenue for the quarter was $115.9 million, an increase of 55%, compared with $74.6 million in Q4 of 2016. Net income increased by $7.0 million to $32.8 million, compared with $25.8 million in Q4 of 2016. Full year revenue and net income were $335.6 million and $103.9 million respectively, compared to $198.9 million and $48.1 million reported in 2016.