SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Universal Display
OLED 145.89-0.9%Nov 3 3:59 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
From: MorganBucks5/4/2017 4:21:32 PM
1 Recommendation

Recommended By
unclewest

   of 129
 
Financial Highlights for the First Quarter of 2017

Total revenue increased 87% to $55.6 million in the first quarter, compared with $29.7 million in the first quarter of 2016 driven by higher material sales as well as royalty and license fees.Revenue from material sales increased 92% to $46.6 million in the first quarter, compared with $24.3 million in the first quarter of 2016 and increased 60% sequentially from $29.2 million in the fourth quarter of 2016, due to an increase in phosphorescent emitter sales.Revenue from royalty and license fees increased 32% to $7.0 million in the first quarter, compared with $5.3 million in the first quarter of 2016.Operating income increased by $9.6 million to $12.1 million in the first quarter, compared with $2.5 million in the first quarter of 2016.Net income increased by $8.5 million to $10.4 million or $0.22 per diluted share in the first quarter, compared with $1.9 million or $0.04 per diluted share in the first quarter of 2016.2017 Guidance

The OLED industry is still at a stage where many factors can have a material impact on its growth. The Company now has sufficient visibility into its potential future financial performance for this year to estimate 2017 revenues to at least be $260 million to $280 million.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News