secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL DISPLAY CORP PA (OLED)
CIK:        0001005284
Form:       8-K
Filed at:   2022-11-03T23:59:59+00:00
Accession:  0000950170-22-021872
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Display Q3 revenue $160.6M, EPS $1.12; affirms FY22 ~$600M
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- Q3 total revenue $160.6M (+12% YoY); net income $53.5M ($1.12 diluted EPS) vs $46.1M ($0.97).
- Material sales $84.2M; royalty & license fees $71.5M. Gross margin 77% vs 78%.
- Record quarterly revenue includes $6.6M positive cumulative catch-up adjustment from estimate changes.
- Affirms 2022 revenue guidance of ~$600M ± $10M.
- Declares Q4 dividend $0.30/share, payable Dec 30 to holders of record Dec 16.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005284/000095017022021872/0000950170-22-021872-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005284/000095017022021872/oled-20221103.htm
  HTML page:      https://secwatch.observer/filing/0000950170-22-021872

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