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Stock impact report

Universal Display Puts Together Another Great Quarter, but Don't Get Too Excited Just Yet [The Motley Fool]

Universal Display Corporation (OLED) 
Last universal display corporation earnings: 2/20 04:08 pm Check Earnings Report
US:NASDAQ Investor Relations: ir.oled.com/shareholders/default.aspx
Company Research Source: The Motley Fool
Universal Display Puts Together Another Great Quarter, but Don't Get Too Excited Just Yet China was a big factor in the quarterly win, but business should cool off in the rest of 2019. In a world increasingly racked with cross-border disagreements and trade scuffles, here is one piece of good news: Universal Display ( NASDAQ:OLED ) is selling more product to Chinese firms. However, the OLED display patent holder and materials seller did admit strong sales to the world's most populous country were in large part due to some of its customers making purchases sooner than later over worry that U.S.-China trade issues would escalate. The bad news is that they were right. It was a big win for Universal Display in the quarter, given that the overall market for next-gen display tech continues to grow, but don't expect the same knockout performance next go-around -- at least not from China -- as trade disputes ratchet up the heat. Adjusted revenues (which allow for accounting changes made at t Show less Read more
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