UNIVERSAL DISPLAY CORP PA shareholders approved Proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026 at the 2026-06-18 meeting.
“3. Proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2026 . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 41,561,564 981,659 38,018 n/a * Abstentions were not considered votes “cast” on this proposal.”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Advisory resolution to approve compensation of the Company’s named executive officers at the 2026-06-18 meeting.
“2. Advisory resolution to approve compensation of the Company’s named executive officers . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 30,833,842 7,506,813 69,399 4,171,187 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Election of Directors at the 2026-06-18 meeting.
“1. Election of Directors . Name Votes FOR Votes AGAINST Abstentions Broker Non-Votes Steven V. Abramson 37,862,560 514,598 32,896 4,171,187 Nigel Brown 38,048,461 322,239 39,354 4,171,187 Cynthia J. Comparin 37,091,401 1,282,325 36,328 4,171,187 Richard C. Elias 37,363,539 1,008,128 38,387 4,171,187 Elizabeth H. Gemmill 35,335,378 3,043,479 31,197 4,171,187 C. Keith Hartley 35,831,460 2,540,787 37,807 4,171,187 Celia M. Joseph 34,242,750 4,135,503 31,801 4,171,187 Lawrence Lacerte 35,090,435 3,280,656 38,963 4,171,187 Joan Lau 37,537,209 836,890 35,955 4,171,187 Sidney D. Rosenblatt 37,398,294 977,519 34,241 4,171,187 April Walker 38,220,756 156,183 33,115 4,171,187 * Abstentions and broker non-votes were not considered votes “cast” with respect to the election of directors.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported Year ending December 31, 2026 results: revenue 630 million to 670 million. Guidance lowered.
“The Company now believes that its 2026 revenue will be in the range of $630 million to $670 million, down from prior guidance of $650 million to $700 million.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported Three months ended March 31, 2026 results: revenue 142.2 million, net income 35.9 million, EPS 0.76.
“Financial Highlights for the First Quarter of 2026 • Total revenue in the first quarter of 2026 was $142.2 million as compared to $166.3 million in the first quarter of 2025. • Revenue from material sales was $83.7 million in the first quarter of 2026 as compared to $86.2 million in the first quarter of 2025. The decrease was primarily due to changes in customer mix and lower unit material volume. • Revenue from royalty and license fees was $54.2 million in the first quarter of 2026 as compared to $73.6 million in the first quarter of 2025. The decrease was primarily the result of changes in customer mix and lower unit material volume. While customer mix can vary quarter to quarter, we expect the customer mix in subsequent periods of 2026 to have a more favorable impact on royalty and license fees as compared to the first quarter of the year. • Cost of material sales was $33.0 million in the first quarter of 2026 as compared to $33.9 million in the first quarter of 2025. • Total gross”
Earnings Releases
UNIVERSAL DISPLAY CORP PA updated its first quarter ended March 31, 2024 guidance (raised).
“On May 2, 2024, Universal Display Corporation (the “Company”) issued a press release regarding its financial results for the quarter ended March 31, 2024.”
Dr. Joan Lau was elected as Director at UNIVERSAL DISPLAY CORP PA.
“elected Dr. Nigel Brown and Dr. Joan Lau to the Board, effective March 4, 2024”
Dr. Nigel Brown was elected as Director at UNIVERSAL DISPLAY CORP PA.
“elected Dr. Nigel Brown and Dr. Joan Lau to the Board, effective March 4, 2024”
Earnings Releases
UNIVERSAL DISPLAY CORP PA updated its the fourth quarter and full year ended December 31, 2023 guidance (reaffirmed).
“Universal Display Corporation (the "Company") issued a press release regarding its financial results for the quarter and year ended December 31, 2023.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the first nine months of 2023 results: revenue $418.1 million, net income $141.0 million or $2.95 per diluted share, EPS $2.95 per diluted share. Guidance lowered.
“sales 60,853 50,125 Gross margin as a % of material sales 66 % 60 % Financial Highlights for the First Nine Months of 2023 • Total revenue in the first nine months of 2023 was $418.1 million as compared to $447.6 million in the first nine months of 2022. • Revenue from material sales was $239.8 million in the first nine months of 2023 as compared to $242.7 million in”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the third quarter ended September 30, 2023 results: revenue $141.1 million, net income $51.5 million or $1.08 per diluted share, EPS $1.08 per diluted share. Guidance lowered.
“commitment to advancing our robust OLED materials and technology leadership.” Financial Highlights for the Third Quarter of 2023 • Total revenue in the third quarter of 2023 was $141.1 million as compared to $160.6 million in the third quarter of 2022. • Revenue from material sales was $92.5 million in the third quarter of 2023 as compared to $84.2 million in the third”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023 at the 2023-06-15 meeting.
“5. Proposal to ratify the appointment of KPMG LLP as the Company’s independent registered public accounting firm for 2023 . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 39,308,746 2,348,712 48,643 0 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Advisory resolution regarding the frequency of future advisory shareholder votes on compensation of the Company’s named executive officers at the 2023-06-15 meeting.
“4. Advisory resolution regarding the frequency of future advisory shareholder votes on compensation of the Company’s named executive officers . 1 Year 2 Years 3 Years Abstentions Broker Non-Votes 35,781,633 22,690 1,022,757 101,025 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Advisory resolution to approve compensation of the Company’s named executive officers at the 2023-06-15 meeting.
“3. Advisory resolution to approve compensation of the Company’s named executive officers . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 30,253,625 6,380,276 294,204 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Proposal to ratify the Company's 2023 Equity Compensation Plan at the 2023-06-15 meeting.
“2. Proposal to ratify the Company's 2023 Equity Compensation Plan . Votes FOR Votes AGAINST Abstentions Broker Non-Votes 35,038,719 1,823,880 65,506 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” on this proposal.”
Shareholder Votes
UNIVERSAL DISPLAY CORP PA shareholders approved Election of Directors at the 2023-06-15 meeting.
“1. Election of Directors . Name Votes FOR Votes AGAINST Abstentions Broker Non-Votes Steven V. Abramson 36,348,177 527,739 52,189 4,777,996 Cynthia J. Comparin 36,562,612 313,009 52,484 4,777,996 Richard C. Elias 32,460,859 4,411,711 55,535 4,777,996 Elizabeth H. Gemmill 31,936,588 4,937,757 53,760 4,777,996 C. Keith Hartley 32,071,458 4,574,733 281,914 4,777,996 Celia M. Joseph 36,228,338 646,197 53,570 4,777,996 Lawrence Lacerte 32,614,267 4,237,442 76,396 4,777,996 Sidney D. Rosenblatt 35,000,918 1,875,390 51,797 4,777,996 * Abstentions and broker non-votes were not considered votes “cast” with respect to the election of directors.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the first quarter ended March 31, 2023 results: revenue $130.5 million, net income $39.8 million, EPS $0.83 per diluted share. Guidance reaffirmed.
“new multi-year collaboration agreement with Merck KGaA, Darmstadt, Germany.” Financial Highlights for the First Quarter of 2023 • Total revenue in the first quarter of 2023 was $130.5 million as compared to $150.5 million in the first quarter of 2022. As we have previously noted, the near-term weakness in the overall global market economy continues to have an impact”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported fiscal year 2023 results: revenue $550 million to $600 million. Guidance initiated.
“The Company believes that its 2023 revenue will be the range of $550 million to $600 million.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the full year ended December 31, 2022 results: revenue $616.6 million, net income $210.1 million, EPS $4.40 per diluted share.
“• Total revenue for the full year 2022 was $616.6 million as compared to $553.5 million for the full year 2021. We continue to expect the near-term weakness in the overall global market economy to have an impact on forecasted demand for OLED products utilizing our emitter material over the remaining life of certain customers’ contracts compared to prior estimates, resulting in us recording a positive cumulative catch-up adjustment to total revenue during the full year 2022 of $30.3 million arising from changes in estimates of transaction price. • Revenue from material sales was $331.1 million for the full year 2022 as compared to $318.6 million for the full year 2021. This increase was primarily the result of higher unit volume. • Revenue from royalty and license fees was $267.1 million for the full year 2022 as compared to $219.0 million for the full year 2021. The increase was primarily due to the cumulative catch-up adjustment as well as higher unit material volume. • Cost of materi”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the fourth quarter ended December 31, 2022 results: revenue $169.0 million, net income $65.1 million, EPS $1.36 per diluted share.
“• Total revenue in the fourth quarter of 2022 was $169.0 million as compared to $146.2 million in the fourth quarter of 2021. We continue to expect the near-term weakness in the overall global market economy to have an impact on forecasted demand for OLED products utilizing our emitter material over the remaining life of certain customers’ contracts compared to prior estimates, resulting in us recording a positive cumulative catch-up adjustment to total revenue during the fourth quarter of 2022 of $13.0 million arising from changes in estimates of transaction price. • Revenue from material sales was $88.3 million in the fourth quarter of 2022 as compared to $85.8 million in the fourth quarter of 2021. This increase was primarily the result of higher unit volume. • Revenue from royalty and license fees was $75.6 million in the fourth quarter of 2022 as compared to $56.0 million in the fourth quarter of 2021. The increase was primarily due to the cumulative catch-up adjustment as well as”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the year ended December 31, 2022 results: revenue $600 million, plus or minus $10 million. Guidance reaffirmed.
“reaffirm its 2022 revenue guidance range of $600 million, plus or minus $10 million.”
Sherwin I. Seligsohn departed as Director and Chairman Emeritus at UNIVERSAL DISPLAY CORP PA.
“Universal Display Corporation deeply regrets to announce that Sherwin I. Seligsohn, Company Founder, Director and Chairman Emeritus, died on December 3, 2022.”
Material Agreements
UNIVERSAL DISPLAY CORP PA entered into a supply with Samsung Display Co., Ltd. (SDC) (effective 2022-12-05).
“Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, today announced the signing of long-term OLED material supply and license agreements with Samsung Display Co., Ltd. (SDC), a global display manufacturing leader.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the first nine months of 2022 results: revenue $447.6 million, net income $144.9 million, EPS $3.04 per diluted share. Guidance reaffirmed.
“Total revenue in the first nine months of 2022 was $447.6 million as compared to $407.3 million in the first nine months of 2021.”
Earnings Releases
UNIVERSAL DISPLAY CORP PA reported the third quarter ended September 30, 2022 results: revenue $160.6 million, net income $53.5 million, EPS $1.12 per diluted share. Guidance reaffirmed.
“on the Company’s mission of being a critical enabler in the OLED ecosystem.” Financial Highlights for the Third Quarter of 2022 • Total revenue in the third quarter of 2022 was $160.6 million as compared to $143.6 million in the third quarter of 2021. As with the prior quarter, the near-term weakness in the overall global market economy is expected to have an impact”
Brian Millard was appointed as Vice President of Finance, Chief Financial Officer and Treasurer at UNIVERSAL DISPLAY CORP PA.
“the Company also announced that it has hired Brian Millard, 39, to become the Company’s Vice President of Finance, Chief Financial Officer and Treasurer, effective September 6, 2022”
Sidney D. Rosenblatt retired as Executive Vice President, Chief Financial Officer, Treasurer and Secretary at UNIVERSAL DISPLAY CORP PA.
“he will cease to serve as the Company’s Chief Financial Officer, Treasurer and Secretary effective September 6, 2022”
Facts are extracted by an LLM and gated to those whose source quote is present verbatim in the filing text. Coverage is best-effort while backfill and monitoring mature; this is not yet a full-market index. See methodology.