{"schema_version":"secwatch.filing_event.v1","accession":"0000950170-24-052098","form_type":"8-K","ticker":"OLED","cik":"0001005284","company_name":"UNIVERSAL DISPLAY CORP PA","filed_at":"2024-05-02T23:59:59+00:00","discovered_at":"2026-05-14T18:03:16.830307+00:00","generated_at":"2026-06-02T23:42:11.977022+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"positive","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Universal Display Q1 2024 revenue $165.3M, EPS $1.19, raises 2024 revenue guidance","bullets":["Revenue $165.3M (up 27% YoY); net income $56.9M ($1.19 diluted EPS) vs $39.8M ($0.83) in Q1 2023.","Material sales $93.3M (up 33% YoY) driven by stronger demand for emitter materials; royalty/license fees $68.3M.","2024 revenue guidance revised to $635-$675M (raised lower end from prior guidance).","Q2 cash dividend of $0.40 per share declared, payable June 28, 2024 to holders of record June 14.","Gross margin improved to 78% (from 75% in Q1 2023); operating income $62.9M vs $45.4M."],"urls":{"canonical":"https://secwatch.observer/filing/0000950170-24-052098","json":"https://secwatch.observer/filing/0000950170-24-052098.json","markdown":"https://secwatch.observer/filing/0000950170-24-052098.md","text":"https://secwatch.observer/filing/0000950170-24-052098.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1005284/000095017024052098/0000950170-24-052098-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1005284/000095017024052098/oled-20240502.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-02T23:42:11.977022+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":"f087478faf912ef206195cfc1bb87413dc7915df","claim":"UNIVERSAL DISPLAY CORP PA updated its first quarter ended March 31, 2024 guidance (raised).","evidence_excerpt":"On May 2, 2024, Universal Display Corporation (the “Company”) issued a press release regarding its financial results for the quarter ended March 31, 2024.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1005284/000095017024052098/0000950170-24-052098-index.htm","confidence":0.9,"family_label":"Earnings Releases","details":[{"label":"Period","value":"first quarter ended March 31, 2024"},{"label":"Guidance","value":"raised"},{"label":"Result","value":"reported results"}]}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}