secwatch.observer — SEC 8-K summary
======================================

Issuer:     UNIVERSAL DISPLAY CORP PA (OLED)
CIK:        0001005284
Form:       8-K
Filed at:   2023-02-23T23:59:59+00:00
Accession:  0000950170-23-004111
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Display Q4 EPS $1.36, revenue $169M; FY2022 record revenue $616.6M; guides FY2023 $550-600M
--------------------------------------------------------------------------------

- Q4 2022 revenue $169.0M (+16% YoY); net income $65.1M ($1.36 diluted EPS) vs $45.9M ($0.96) in Q4 2021.
- Full year 2022 revenue $616.6M (+11% YoY); net income $210.1M ($4.40 diluted EPS) vs $184.2M ($3.87) in 2021.
- Revenue included $30.3M cumulative catch-up adjustment from changes in transaction price estimates.
- FY2023 revenue guidance $550M-$600M, below FY2022 actual of $616.6M.
- Declared Q1 cash dividend $0.35/share, payable March 31, 2023 to holders of record March 17, 2023.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005284/000095017023004111/0000950170-23-004111-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005284/000095017023004111/oled-20230223.htm
  HTML page:      https://secwatch.observer/filing/0000950170-23-004111

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