04.28.16
Steven V. Abramson, president and CEO of Universal Display Corporation, rang the Opening Bell at the Nasdaq stock market on April 20, 2016. He was joined by members of Universal Display’s senior management team, Board of Directors and guests.
“We are honored to celebrate our twentieth year of listing on Nasdaq by ringing the Opening Bell,” Abramson said. “With unending persistence and vision, Universal Display has evolved from an R&D start-up to a leading player in the global OLED ecosystem. While we are still in the early commercial stage of this long-term growth story, we are enthusiastic to play a critical role in the new era of display and lighting technologies. We share this wonderful milestone with our employees, customers, partners and shareholders.”
Since listing on Nasdaq in April 1996, Universal Display has grown its market cap from $47 million to more than $2.5 billion. Over the past 10 years, revenues have increased from $10 million to $191 million, a CAGR of 36% and market cap has expanded from $310 million to over $2.5 billion, a CAGR of more than 20%.
“We are honored to celebrate our twentieth year of listing on Nasdaq by ringing the Opening Bell,” Abramson said. “With unending persistence and vision, Universal Display has evolved from an R&D start-up to a leading player in the global OLED ecosystem. While we are still in the early commercial stage of this long-term growth story, we are enthusiastic to play a critical role in the new era of display and lighting technologies. We share this wonderful milestone with our employees, customers, partners and shareholders.”
Since listing on Nasdaq in April 1996, Universal Display has grown its market cap from $47 million to more than $2.5 billion. Over the past 10 years, revenues have increased from $10 million to $191 million, a CAGR of 36% and market cap has expanded from $310 million to over $2.5 billion, a CAGR of more than 20%.