Track the companies that matter to you. It's FREE! Click one of these fan favorites to get started: Apple; Google; Ford.



Universal Display Deepens Loss in Q1

Watch stocks you care about

The single, easiest way to keep track of all the stocks that matter...

Your own personalized stock watchlist!

It's a 100% FREE Motley Fool service...

Click Here Now

Universal Display (NASDAQ: OLED  ) results for the company's Q1 have been released. For the quarter, revenue was nearly $15 million, up from the $12.6 million in the same period the previous year. Net loss, however, deepened substantially to almost $4.8 million ($0.10 per diluted share), from Q1 2012's shortfall of $1.2 million ($0.03).

The company beat analyst expectations of $14.5 million in revenue, and met their average per-share loss projection of $0.10.

Universal Display also provided selected forward guidance. For the entirety of fiscal 2013, it believes revenue will come in at $110 million-$125 million. In offering this estimate, however, it cautioned that "the OLED industry is still at a stage where many variables can have a material effect on growth."

Read/Post Comments (3) | Recommend This Article (0)

Comments from our Foolish Readers

Help us keep this a respectfully Foolish area! This is a place for our readers to discuss, debate, and learn more about the Foolish investing topic you read about above. Help us keep it clean and safe. If you believe a comment is abusive or otherwise violates our Fool's Rules, please report it via the Report this Comment Report this Comment icon found on every comment.

  • Report this Comment On May 10, 2013, at 12:54 AM, sidneyleejohnson wrote:

    Given all the coverage from Fool, I really expect more than a headline "deepens loss in Q1"...seriously? Your partial human coverage is awesome but your bot driven coverage is just pathetic. PANL's story deserves more than a y/y automated analysis.

  • Report this Comment On May 10, 2013, at 10:57 AM, BrotherBob100 wrote:

    Sorry, but the title here is misleading. The implication is that PANL performed worse than expected whereas the company actually met expectations.

  • Report this Comment On May 10, 2013, at 3:45 PM, TMFVolkman wrote:

    sidneyleejohnson, as the author of the article I can assure you that it was, in fact, 100% written by a live human being.

    BrotherBob100, I'd have to respectfully disagree. The hard fact is that its quarterly loss was deeper than the year-ago period. Since it's a fact, we can't characterize it as misleading.

Add your comment.

Compare Brokers

Fool Disclosure

Sponsored Links

Leaked: Apple's Next Smart Device
(Warning, it may shock you)
The secret is out... experts are predicting 458 million of these types of devices will be sold per year. 1 hyper-growth company stands to rake in maximum profit - and it's NOT Apple. Show me Apple's new smart gizmo!

DocumentId: 2422295, ~/Articles/ArticleHandler.aspx, 7/24/2016 3:00:12 AM

Report This Comment

Use this area to report a comment that you believe is in violation of the community guidelines. Our team will review the entry and take any appropriate action.

Sending report...

Today's Market

updated 1 day ago Sponsored by:
DOW 18,570.85 53.62 0.29%
S&P 500 2,175.03 9.86 0.46%
NASD 5,100.16 26.26 0.52%

Create My Watchlist

Go to My Watchlist

You don't seem to be following any stocks yet!

Better investing starts with a watchlist. Now you can create a personalized watchlist and get immediate access to the personalized information you need to make successful investing decisions.

Data delayed up to 5 minutes

Related Tickers

7/22/2016 4:00 PM
OLED $68.57 Up +0.49 +0.72%
Universal Display CAPS Rating: *****