---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-23-037959"
form_type: "8-K"
ticker: "OLED"
cik: "0001005284"
company_name: "UNIVERSAL DISPLAY CORP PA"
filed_at: "2023-08-03T23:59:59+00:00"
generated_at: "2026-06-12T06:54:04.898956+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.65
calibrated_materiality_score: 0.65
confidence: "high"
source: SEC EDGAR
---

# Universal Display Q2 revenue $146.6M, EPS $1.04; raises 2023 guidance lower end to $560M

## Summary
- Revenue $146.6M (+7% YoY); net income $49.7M or $1.04 diluted EPS (vs $0.87).
- Material sales $77.1M (+7% YoY); royalty & license fees $64.4M (+7% YoY).
- FY 2023 revenue guidance narrowed to $560-600M from prior $550-600M.
- Declared Q3 cash dividend $0.35/share, payable Sep 29 to holders of record Sep 15.
- Gross margin 78% vs 80% due to Shannon facility costs of $3.9M.

## SEC filing metadata
- accession: 0000950170-23-037959
- form_type: 8-K
- ticker: OLED
- cik: 0001005284
- company_name: UNIVERSAL DISPLAY CORP PA
- filed_at: 2023-08-03T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.65
- calibrated_materiality_score: 0.65
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005284/000095017023037959/0000950170-23-037959-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005284/000095017023037959/oled-20230803.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-23-037959
- JSON: https://secwatch.observer/filing/0000950170-23-037959.json
- Plain text: https://secwatch.observer/filing/0000950170-23-037959.txt

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