secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL DISPLAY CORP PA (OLED)
CIK:        0001005284
Form:       8-K
Filed at:   2022-02-23T23:59:59+00:00
Accession:  0000950170-22-001784
Event type: earnings
Sentiment:  positive
Materiality: 0.78
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Display Q4 net income down to $0.96 EPS; FY2021 revenue record $554M
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- Q4 revenue $146.2M (+3% YoY); net income $45.9M ($0.96 diluted) vs $53.9M ($1.13) in Q4 2020.
- FY2021 revenue $553.5M, up 29% YoY; net income $184.2M ($3.87 diluted) vs $133.4M ($2.80).
- 2022 revenue guidance of $625-650M, above 2021 actual.
- Q1 2022 dividend $0.30/share, payable Mar 31, 2022 to holders of record Mar 17, 2022.
- Extended LG Display, Visionox, Tianma agreements; new Ireland manufacturing with PPG; blue PHOLED on track for 2022 target.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005284/000095017022001784/0000950170-22-001784-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005284/000095017022001784/oled-20220223.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-001784

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer