Obliterating Expectations, Universal Display Hits an All-Time High

Obliterating Expectations, Universal Display Hits an All-Time High

Universal Display Corporation (NASDAQ: OLED) announced stellar third-quarter 2017 results on Thursday after the market closed, demolishing even the most optimistic growth predictions as adoption of its flagship OLED (organic light-emitting diode) technology continues to gain momentum.

Let's dig deeper to shine a light on what drove Universal Display's business as it kicked off the second half, and what we can expect from the company in the coming quarters.

OLED LIGHTING IS BEGINNING TO GAIN TRACTION. IMAGE SOURCE: UNIVERSAL DISPLAY.

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Source: Fool.com