Universal Display Q3 2021 revenue $143.6M record; EPS $0.97, reaffirms FY21 guidance

UNIVERSAL DISPLAY CORP PA

2021-Q3 EPS reported $2.90 revenue$407,278,000

Revenue of $143.6M vs $117.1M YoY (+22.7%), a record quarter.
Net income $46.1M ($0.97 diluted EPS) vs $40.5M ($0.85) YoY.
Material sales $75.6M; royalty/license fees $63.9M (up 43.5% YoY).
Reaffirms FY2021 revenue guidance of $530M-$560M.
Declares Q4 dividend $0.20/share, payable Dec 30 to holders of record Dec 16.

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