---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-22-007836"
form_type: "8-K"
ticker: "OLED"
cik: "0001005284"
company_name: "UNIVERSAL DISPLAY CORP PA"
filed_at: "2022-05-05T23:59:59+00:00"
generated_at: "2026-06-25T23:15:05.099639+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Universal Display Q1 revenue up 12% to $150.5M; EPS $1.05 vs $1.08 YoY

## Summary
- Revenue $150.5M (up 12% YoY from $134.0M); material sales $86.7M, royalty & license fees $59.8M.
- Net income $50.0M ($1.05 diluted EPS) vs $51.7M ($1.08) in Q1 2021.
- Cost of materials $29.9M (up from $21.0M); gross margin on material sales 65% vs 74% last year.
- Reaffirms FY2022 revenue guidance of $625M-$650M.
- Declares Q2 cash dividend of $0.30/share, payable June 30 to holders of record June 16.

## SEC filing metadata
- accession: 0000950170-22-007836
- form_type: 8-K
- ticker: OLED
- cik: 0001005284
- company_name: UNIVERSAL DISPLAY CORP PA
- filed_at: 2022-05-05T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005284/000095017022007836/0000950170-22-007836-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005284/000095017022007836/oled-20220505.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-22-007836
- JSON: https://secwatch.observer/filing/0000950170-22-007836.json
- Plain text: https://secwatch.observer/filing/0000950170-22-007836.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.