Universal Display (NASDAQ:OLED) reported quarterly earnings of $1.40 per share which beat the analyst consensus estimate of $1.20 by 16.67 percent. This is a 29.63 percent increase over earnings of $1.08 per share from the same period last year. The company reported quarterly sales of $161.627 million which missed the analyst consensus estimate of $165.058 million by 2.08 percent. This is a 14.57 percent increase over sales of $141.077 million the same period last year.