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Actionable news in OLED: Universal Display Corporation,

Universal Display Rising: Q2 Crushes Consensus, Raises Year Revenue View

Organic light-emitting diode technology maker Universal Display (OLED) this afternoon reported Q2 revenue and profit that easily topped analysts’ expectations, and raised its year revenue outlook, driving its shares up in late trading.

Revenue in the three months ended in June rose 59%, year over year, to $102.5 million, yielding EPS of 99...