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Musing on Materials
 
UDC Surprises with Y/Y Growth in Emitting Material Revenue
May 10, 2020

UDC reported Q120 revenue of $112.3m, up 27.9% Y/Y, due largely to $24m form the Chinese that purchased safety stock in Q4. The company did not break out the emitter material for the safety stock in terms of red or green. As other company have done in the 1st quarter, they provided no guidance for the remainder of the year.
 
Figure 1: UDC Emitting Material Revenue by Quarter
Picture
Source: Company Data
​

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