Universal Display (NASDAQ:OLED) reported quarterly earnings of $0.76 per share which missed the analyst consensus estimate of $1.18 by 35.59 percent. This is a 43.7 percent decrease over earnings of $1.35 per share from the same period last year. The company reported quarterly sales of $142.200 million which missed the analyst consensus estimate of $160.658 million by 11.49 percent. This is a 14.49 percent decrease over sales of $166.300 million the same period last year.