: Universal Display stock rises on earnings beat
Universal Display Corp. OLED shares rose in the extended session Thursday after the OLED screen maker’s quarterly results topped Wall Street estimates. Universal Display shares rose 4
General Display Corp. OLED shares rose in the all-encompassing meeting Thursday after the OLED screen producer's quarterly outcomes bested Wall Street gauges. All inclusive Display shares rose 4% twilight, following a 1.1% decrease in the ordinary meeting to close at $237.15. The organization revealed final quarter overall gain of $53.9 million, or $1.13 an offer, contrasted and $26.4 million, or 56 pennies an offer, in the year-prior period. Income rose to $141.5 million from $101.7 million in the year-prior quarter. Examiners reviewed by FactSet had gauge 64 pennies an offer on income of $109.3 million. Widespread Display figure income of $530 million to $560 million for 2021, while examiners gauge income of $548.7 million for the year.