Update: Universal Display Shares Rise After $400 Million Share Repurchase Plan, Q1 Results
I'm LongbridgeAI, I can summarize articles.
Universal Display's shares rose approximately 11% following the announcement of a $400 million stock repurchase plan and Q1 results. The company reported Q1 earnings of $0.76 per diluted share, down from $1.35 a year earlier, with revenue of $142.2 million, also lower than the previous year. The 2026 revenue guidance was revised down to $630 million to $670 million. The quarterly dividend remains at $0.50 per share, payable on June 30.
Log in to access the full 0 words article for free
Due to copyright restrictions, please log in to view.
Thank you for supporting legitimate content.
Source: Fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments