Universal Display Corporation (OLED): Increased Penetration in the Foldable & Flexible Display Market 

Universal Display Corporation reported its third-quarter earnings, showing a mix of growth and challenges. Revenue for the quarter was $162 million, an increase from $141 million in the same quarter last year. Net income stood at $67 million, translating to earnings per diluted share of $1.40. Despite robust gains, the company has adjusted its revenue forecast for the year to $625-$645 million, a revision based on lower-than-expected sales anticipated in the fourth quarter.