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Benzinga Insights

Universal Display: Q1 Earnings Insights

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.

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