Universal Display Corporation (OLED) reported mixed fourth-quarter 2023 results, with the bottom line beating the Zacks Consensus Estimate but the top line missing the same. The company reported a top-line contraction year over year due to declining trends in several verticals. Constrained consumer spending in the smartphone and premium TV markets impacted net sales. However, the growing demand for OLED displays in a wide range of use cases, such as automotive, AR, VR wearables, gaming, foldable smartphones ...

For the quarter ended December 2023, Universal Display Corp. (OLED) reported revenue of $158.32 million, down 6.3% over the same period last year. EPS came in at $1.29, compared to $1.36 in the year-ago quarter.The reported revenue represents a surprise of -1.79% over the Zacks Consensus Estimate of $161.2 million. With the consensus EPS estimate being $1.18, the EPS surprise was +9.32%.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare t ...

Universal Display Corporation (NASDAQ:OLED) Q4 2023 Earnings Conference Call February 22, 2024 5:00 PM ET Company Participants Darice Liu - Senior Director-IR Steven Abramson - President and CEO Brian Millard - VP and CFO Conference Call Participants Brian Lee - Goldman Sachs Krish Sankar - TD Cowen Atif Malik - Citi Nam-Hyung Kim - Arete Research Chris Grenga - Needham and Company Mehdi Hosseini - SIG Martin Yang - Oppenheimer and Company Operator Good day, ladies and gentlemen, and welcome to Universal Di ...

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced that its Board of Directors approved an increased cash dividend of $0.40 per share on the Company's common stock for the first quarter of 2024, up from the previous quarter’s dividend of $0.35 per share. The dividend is payable on March 29, 2024, to shareholders of record on March 15, 2024. The dividend reflects our ex ...

If you are looking for a stock that has a solid history of beating earnings estimates and is in a good position to maintain the trend in its next quarterly report, you should consider Universal Display Corp. (OLED) . This company, which is in the Zacks Electronics - Miscellaneous Components industry, shows potential for another earnings beat.When looking at the last two reports, this organic light-emitting diode technology company has recorded a strong streak of surpassing earnings estimates. The company ha ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission File Number 1-12031 UNIVERSAL DISPLAY CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 23-237 ...

Exhibit 99.1 Press Release Universal Display Contact: Darice Liu investor@oled.com media@oled.com +1 609-964-5123 Universal Display Corporation Announces Fourth Quarter and Full Year 2023 Financial Results EWING, N.J. – February 22, 2024 – Universal Display Corporation (Nasdaq: OLED), enabling energy- efficient displays and lighting with its UniversalPHOLED® technology and materials, today reported financial results for the fourth quarter and full year ended December 31, 2023. "In 2023, we achieved key mile ...

Wall Street analysts expect Universal Display Corp. (OLED) to post quarterly earnings of $1.15 per share in its upcoming report, which indicates a year-over-year decline of 15.4%. Revenues are expected to be $158.9 million, down 6% from the year-ago quarter.The current level reflects a downward revision of 2.2% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.Pri ...

Investors interested in stocks from the Electronics - Miscellaneous Components sector have probably already heard of OSI Systems (OSIS) and Universal Display Corp. (OLED) . But which of these two stocks is more attractive to value investors? We'll need to take a closer look to find out.We have found that the best way to discover great value opportunities is to pair a strong Zacks Rank with a great grade in the Value category of our Style Scores system. The proven Zacks Rank puts an emphasis on earnings esti ...

EWING, N.J.--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, today announced its results for the fourth quarter and full year, ended December 31, 2023, will be released on Thursday, February 22, 2024, after market close. At that time, a copy of the financial results release will be available on the Company’s website at https://oled.com/. In conjunction with this release, UDC will host a ...