---
schema_version: "secwatch.filing_event.v1"
accession: "0000950170-24-118976"
form_type: "8-K"
ticker: "OLED"
cik: "0001005284"
company_name: "UNIVERSAL DISPLAY CORP PA"
filed_at: "2024-10-30T23:59:59+00:00"
generated_at: "2026-05-30T07:55:22.672996+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Universal Display Q3 revenue up 15% YoY; cuts 2024 revenue guidance to $625-645M

## Summary
- Q3 revenue $161.6M (+14.5% YoY), net income $66.9M ($1.40 EPS) vs $51.5M ($1.08) YoY.
- Material sales $83.4M (down 9.8% YoY); royalty/license fees $74.6M (up 62.6% YoY).
- 2024 revenue guidance cut to $625M-$645M; growth more modest than previously projected.
- Q4 cash dividend $0.40/share, payable Dec 31, 2024, record Dec 17, 2024.

## SEC filing metadata
- accession: 0000950170-24-118976
- form_type: 8-K
- ticker: OLED
- cik: 0001005284
- company_name: UNIVERSAL DISPLAY CORP PA
- filed_at: 2024-10-30T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1005284/000095017024118976/0000950170-24-118976-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1005284/000095017024118976/oled-20241030.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0000950170-24-118976
- JSON: https://secwatch.observer/filing/0000950170-24-118976.json
- Plain text: https://secwatch.observer/filing/0000950170-24-118976.txt

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