Universal Display (NASDAQ:OLED) reported quarterly earnings of $1.06 per share which beat the analyst consensus estimate of $1.03 by 2.91 percent. This is a 24.82 percent decrease over earnings of $1.41 per share from the same period last year. The company reported quarterly sales of $152.200 million which missed the analyst consensus estimate of $157.545 million by 3.39 percent. This is a 11.41 percent decrease over sales of $171.794 million the same period last year.