Shares of LED technologies firm Universal Display Corporation (NASDAQ:PANL) plunged in extended trade as it announced a loss for the Q1 that lower from previous year, reflecting higher operating costs. Loss per share matched analysts’ anticipations, whereas quarterly revenues beat their estimations. The firm also reaffirmed revenue outlook for the full-year 2013.
The Ewing, New Jersey-based firm announced a net loss of $4.76M or $0.10 per share for the Q1, over $1.22M or $0.03 per share in the prior-year quarter.
Revenues for the quarter surged 19% to $14.98M from $12.62M in the similar quarter previous year, and beat ten Wall Street analysts’ consensus anticipates of $14.38M.
Universal Display Corporation (NASDAQ:PANL) stock hit highest price at $34.03, beginning with a price of $33.01 and reported increased +0.82% to the closed at $33.35 with day range of $32.80-$34.03. The total market capitalization remained $1.54 billion, total volume held in the session was 1.19 million shares surprisingly higher than its average volume of 757,692 shares.
To check the Stocks ups and downs, PANL last week stock price volatility remained 3.14% and month was at 3.65%. PANL generated revenue of 83.24 million in the following twelve months income of $9.66 million. The Company showed a positive 11.60% in the net profit margin and in addition to in its operating margin which remained 16.43%. Company’s annual sales growth for the past five year was 49.08%.
The PANL past twelve months price to sales ratio was 18.50 and price to cash ratio remained 6.31. As far as if notice on other major contributors of similar sectors have sale ratio and price to cash ratio remained Synaptics, Incorporated (NASDAQ:SYNA)’s P/S 2.43% P/C 4.39%, Immersion Corporation (NASDAQ:IMMR)’s P/S 12.08% P/C 8.92%, Stratasys, Ltd. (NASDAQ:SSYS)’s P/S 14.70% P/C 19.89%, Logitech International SA (USA) (NASDAQ:LOGI)’s P/S 0.52% P/C 3.52%.
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