UDC reports their 3Q 2010 financial results
Universal Display posted their financial results for 3Q 2010. The company reported $7 million in revenues (up from $5.1 million in 3Q 2009). Commercial revenues (chemical sales, license and royalties) was $2.8 million(up from $1.6 million in 3Q 2009). Net loss was $7.18 million. UDC still has over $65 million in cash and short-term investments.