Dr. Joan Lau
elected Dr. Nigel Brown and Dr. Joan Lau to the Board, effective March 4, 2024
Highest-materiality recent filing
Universal Display Q2 revenue $152.2M, EPS $1.06; lowers FY2026 guidance to ~$630M
Q2 revenue $152.2M (-11% YoY); material sales $66.2M (-25% YoY); royalty/license $81.2M (+7% YoY).
Universal Display Q1 revenue $142.2M (-14% YoY); guides 2026 revenue down to $630-670M
Q1 revenue $142.2M (down 14% YoY from $166.3M); net income $35.9M ($0.76 diluted EPS) vs $64.4M ($1.35).
Universal Display Q4 net income $66.3M ($1.39/diluted); FY 2025 revenue $650.6M
Q4 2025 revenue $172.9M vs $162.3M in Q4 2024; net income $66.3M ($1.39 diluted EPS) vs $46.0M ($0.96).
Universal Display Q3 revenue falls to $139.6M; acquires Merck KGaA OLED patents for $50M
Q3 2025 total revenue $139.6M, down from $161.6M in Q3 2024; net income $44.0M vs $66.9M.
Universal Display Q2 revenue $171.8M, EPS $1.41; raises FY2025 revenue guidance to $650M-$700M
Q2 total revenue $171.8M (+8.4% YoY), net income $67.3M ($1.41 EPS) vs $52.3M ($1.10) in Q2 2024.
Universal Display Q1 EPS $1.35, revenue $166.3M; launches $100M buyback
Net income $64.4M ($1.35 diluted EPS) vs $56.9M ($1.19) YoY; revenue $166.3M, up 0.6%.
Universal Display reports record FY2024 revenue $647.7M; Q4 EPS down on restructuring and FX losses
FY2024 revenue $647.7M (up 12.4% YoY); net income $222.1M ($4.65 diluted EPS).
Universal Display Q3 revenue up 15% YoY; cuts 2024 revenue guidance to $625-645M
Q3 revenue $161.6M (+14.5% YoY), net income $66.9M ($1.40 EPS) vs $51.5M ($1.08) YoY.
Universal Display Q2 revenue $158.5M (+8% YoY); EPS $1.10; raises FY2024 guidance lower end to $645M
Q2 net income $52.3M ($1.10 diluted EPS) vs $49.7M ($1.04) YoY; revenue $158.5M vs $146.6M.
Universal Display Q1 2024 revenue $165.3M, EPS $1.19, raises 2024 revenue guidance
Revenue $165.3M (up 27% YoY); net income $56.9M ($1.19 diluted EPS) vs $39.8M ($0.83) in Q1 2023.
Universal Display Q4 rev down 6%; FY net income falls to $203M; guides FY24 rev $625M-$675M
Q4 2023 revenue $158.3M (down 6% YoY); diluted EPS $1.29 vs $1.36 in Q4 2022.
Q3 revenue $141.1M vs $160.6M YoY; net income $51.5M ($1.08 diluted EPS) vs $53.5M ($1.12).
Universal Display Q2 revenue $146.6M, EPS $1.04; raises 2023 guidance lower end to $560M
Revenue $146.6M (+7% YoY); net income $49.7M or $1.04 diluted EPS (vs $0.87).
UDC Q1 revenue down 13% to $130.5M; acquires Merck KGaA OLED patents for $66M
Q1 2023 revenue of $130.5M vs $150.5M YoY; net income $39.8M ($0.83 diluted EPS) vs $50.0M ($1.05).
Q4 2022 revenue $169.0M (+16% YoY); net income $65.1M ($1.36 diluted EPS) vs $45.9M ($0.96) in Q4 2021.
Founder and Chairman Emeritus Sherwin Seligsohn dies December 3, 2022
Sherwin I. Seligsohn, founder of Universal Display, passed away on Dec 3, 2022.
Universal Display signs long-term OLED license and supply deal with Samsung Display through 2027
License and supply agreements run through Dec 31, 2027, with possible two-year extension.
Universal Display Q3 revenue $160.6M, EPS $1.12; affirms FY22 ~$600M
Q3 total revenue $160.6M (+12% YoY); net income $53.5M ($1.12 diluted EPS) vs $46.1M ($0.97).
Universal Display slashes 2022 revenue forecast to ~$600M, CFO retiring
Q2 revenue $136.6M (+5% YoY); EPS $0.87 vs $0.85; material sales fell 7% to $71.9M.
Universal Display Q1 revenue up 12% to $150.5M; EPS $1.05 vs $1.08 YoY
Revenue $150.5M (up 12% YoY from $134.0M); material sales $86.7M, royalty & license fees $59.8M.
Universal Display Q4 net income down to $0.96 EPS; FY2021 revenue record $554M
Q4 revenue $146.2M (+3% YoY); net income $45.9M ($0.96 diluted) vs $53.9M ($1.13) in Q4 2020.
Universal Display Q3 2021 revenue $143.6M record; EPS $0.97, reaffirms FY21 guidance
Revenue of $143.6M vs $117.1M YoY (+22.7%), a record quarter.
Universal Display Q2 revenue $129.7M (+124% YoY); EPS $0.85 vs $0.02
Q2 revenue $129.7M, up 124% from $58.0M; net income $40.5M ($0.85 diluted) vs $0.8M ($0.02).
elected Dr. Nigel Brown and Dr. Joan Lau to the Board, effective March 4, 2024
elected Dr. Nigel Brown and Dr. Joan Lau to the Board, effective March 4, 2024
Universal Display Corporation deeply regrets to announce that Sherwin I. Seligsohn, Company Founder, Director and Chairman Emeritus, died on December 3, 2022.
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
he will cease to serve as the Company’s Chief Financial Officer, Treasurer and Secretary effective September 6, 2022
Max materiality 0.90 · Median 0.70 · Most common event earnings