Universal Display reports 2Q 2009 results

Universal Display Corporation today announced its financial results. For 2Q 2009, the company lost 6.4M$ and had 2.9M$ in revenue.

UDC's expenses were higher, but so was the revenue - but the growth was in development contacts and not in commercial shipments and royalties (which were actually lower than 2Q 2008).

Posted: Aug 11,2009 by Ron Mertens