Universal Display Corporation Announces First Quarter 2011 Financial Results

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posted:5/9/2011
language:English
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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 first quarter of 2011. Revenues for the first quarter of 2011 were $9,600,540, a 126% increase compared to first quarter 2010 revenues of $4,246,650. Commercial revenue, which includes commercial chemical revenue, license and royalty revenues, and commercialization assistance a
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