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Universal Display Corporation Announces Fourth Quarter and Full Year 2011 Financial Results

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Universal Display Corporation Announces Fourth Quarter and Full Year 2011 Financial Results Powered By Docstoc
					
				
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Description: EWING, N.J.--(EON: Enhanced Online News)--Universal Display Corporation (NASDAQ: PANL), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the fourth quarter and year ended December 31, 2011. For the fourth quarter of 2011, the company reported operating income of $3.6 million and net income of $5.7 million, or $0.12 per diluted share, on revenues of $18.7 million. This compares to an operating loss of $210,000 and a style='font-size: 10p
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