---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-089268"
form_type: "8-K"
ticker: "OLED"
cik: "0001005284"
company_name: "UNIVERSAL DISPLAY CORP PA"
filed_at: "2024-08-01T23:59:59+00:00"
generated_at: "2026-05-31T13:35:17.011875+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Universal Display Q2 revenue $158.5M (+8% YoY); EPS $1.10; raises FY2024 guidance lower end to $645M

## Summary
- Q2 net income $52.3M ($1.10 diluted EPS) vs $49.7M ($1.04) YoY; revenue $158.5M vs $146.6M.
- Material sales $95.4M (+24% YoY); royalty & license fees $59.6M (-7% YoY).
- FY2024 revenue guidance raised to $645M-$675M (increased lower end); cites OLED IT adoption cycle.
- Q3 dividend $0.40/share, payable Sep 30, 2024, record Sep 16, 2024.
- First-half 2024 revenue $323.8M (+17% YoY); net income $109.2M ($2.29 diluted EPS).

## SEC filing metadata
- accession: 0000950170-24-089268
- form_type: 8-K
- ticker: OLED
- cik: 0001005284
- company_name: UNIVERSAL DISPLAY CORP PA
- filed_at: 2024-08-01T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005284/000095017024089268/0000950170-24-089268-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005284/000095017024089268/oled-20240801.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-089268
- JSON: https://secwatch.observer/filing/0000950170-24-089268.json
- Plain text: https://secwatch.observer/filing/0000950170-24-089268.txt

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