Universal Display (NASDAQ:OLED) reported its Q1 earnings results on Thursday, May 5, 2022 at 04:08 PM.
Here's what investors need to know about the announcement.
Earnings
Universal Display beat estimated earnings by 7.14%, reporting an EPS of $1.05 versus an estimate of $0.98.
Revenue was up $16.47 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 22.71% increase in the share price the next day.
Here's a look at Universal Display's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 1 | 1.07 | 0.87 | 0.79 |
| EPS Actual | 0.96 | 0.97 | 0.85 | 1.08 |
| Revenue Estimate | 144.47M | 145.26M | 127.30M | 119.96M |
| Revenue Actual | 146.25M | 143.62M | 129.66M | 134.00M |
To track all earnings releases for Universal Display visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
