{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-018758","form_type":"8-K","ticker":"OLED","cik":"0001005284","company_name":"UNIVERSAL DISPLAY CORP PA","filed_at":"2024-02-22T23:59:59+00:00","discovered_at":"2026-05-14T18:03:23.063739+00:00","generated_at":"2026-06-05T18:03:21.951817+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"negative","materiality_score":0.65,"calibrated_materiality_score":0.65,"confidence":"high","headline":"Universal Display Q4 rev down 6%; FY net income falls to $203M; guides FY24 rev $625M-$675M","bullets":["Q4 2023 revenue $158.3M (down 6% YoY); diluted EPS $1.29 vs $1.36 in Q4 2022.","Full-year 2023 revenue $576.4M (down 7%); net income $203.0M ($4.24 diluted EPS) vs $210.1M ($4.40).","Gross margin declined to 77% (FY) from 79% due to Shannon facility costs and inventory reserves.","FY 2024 revenue guidance $625M-$675M, implying 8-17% growth from 2023.","Q1 dividend $0.40/share unchanged; payable March 29, record March 15."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-018758","json":"https://secwatch.observer/filing/0000950170-24-018758.json","markdown":"https://secwatch.observer/filing/0000950170-24-018758.md","text":"https://secwatch.observer/filing/0000950170-24-018758.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005284/000095017024018758/0000950170-24-018758-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005284/000095017024018758/oled-20240222.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-05T18:03:21.951817+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"887aa38a8d4a46ccb87542ee8cfa6aa5c259b108","claim":"UNIVERSAL DISPLAY CORP PA updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).","evidence_excerpt":"Universal Display Corporation (the \"Company\") issued a press release regarding its financial results for the quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017024018758/0000950170-24-018758-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and full year ended December 31, 2023"},{"label":"Guidance","value":"reaffirmed"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}