secwatch.observer — SEC 8-K summary
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Issuer:     UNIVERSAL DISPLAY CORP PA (OLED)
CIK:        0001005284
Form:       8-K
Filed at:   2025-02-20T23:59:59+00:00
Accession:  0000950170-25-024144
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Universal Display reports record FY2024 revenue $647.7M; Q4 EPS down on restructuring and FX losses
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- FY2024 revenue $647.7M (up 12.4% YoY); net income $222.1M ($4.65 diluted EPS).
- Q4 revenue $162.3M (+2.5%); Q4 net income $46.0M ($0.96) vs $62.0M ($1.29) prior year.
- Q4 included $8.9M restructuring for OVJP California closure and $6.7M FX loss on Korean Won receivable.
- 2025 revenue guidance $640M-$700M; Q1 dividend $0.45/share payable March 31, 2025.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1005284/000095017025024144/0000950170-25-024144-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1005284/000095017025024144/oled-20250220.htm
  HTML page:      https://secwatch.observer/filing/0000950170-25-024144

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer