Universal Display Q2 EPS $1.41 Beats $1.16 Estimate, Sales $171.794M Beat $161.648M Estimate

Universal Display (NASDAQ:OLED) reported quarterly earnings of $1.41 per share which beat the analyst consensus estimate of $1.16 by 21.24 percent. This is a 28.18 percent increase over earnings of $1.10 per share from the same period last year. The company reported quarterly sales of $171.794 million which beat the analyst consensus estimate of $161.648 million by 6.28 percent. This is a 8.38 percent increase over sales of $158.505 million the same period last year.