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Universal Display Corporation  (OLED)
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Price: $173.1200 $1.23 0.716%
Day's High: $176.69 Week Perf: -6.83 %
Day's Low: $ 172.15 30 Day Perf: -3.18 %
Volume (M): 368 52 Wk High: $ 194.84
Volume (M$): $ 63,708 52 Wk Avg: $156.30
Open: $172.47 52 Wk Low: $125.98



 Market Capitalization (Millions $) 8,246
 Shares Outstanding (Millions) 48
 Employees 409
 Revenues (TTM) (Millions $) 587
 Net Income (TTM) (Millions $) 206
 Cash Flow (TTM) (Millions $) -108
 Capital Exp. (TTM) (Millions $) 130

Universal Display Corporation
We are a pioneer in the research, development, and commercialization of organic light-emitting diode (OLED) technologies and materials for display and solid-state lighting applications. OLEDs are thin, lightweight, and power-efficient solid-state devices that emit light and can be produced on both flexible and rigid substrates, making them ideal for usage in full-color displays and lighting applications. OLED displays are gaining market share, particularly in the mobile phone, television, wearable, tablet, laptop and personal computer, augmented reality (AR), virtual reality (VR), portable media device, and automobile industries. We believe this is because OLEDs have the potential to outperform rival display technologies in terms of power efficiency, contrast ratio, viewing angle, video reaction time, form factor, and cost.
We also believe that OLED lighting products have the potential to replace many existing light sources in the future because of their high-power efficiency, excellent color rendering index, low operating temperature and novel form factor. Our technology leadership, our current intellectual property position, and our more than 20 years of experience working closely with leading OLED display manufacturers are some of the competitive advantages that should enable us to continue to share in the revenues from OLED displays and lighting products as they gain wider acceptance.

Our primary business strategy is to (1) develop new OLED materials and sell existing and new materials to product manufacturers for display applications, such as mobile phones, televisions, wearables, tablets, portable media devices, notebook computers, personal computers and automotive applications, and specialty and general lighting products; and (2) further develop and either license or otherwise commercialize our proprietary OLED material, device design and manufacturing technologies to those manufacturers. We have established a significant portfolio of proprietary OLED technologies and materials, primarily through our internal research and development efforts and acquisitions of patents and patent applications, as well as maintaining long-standing, and establishing new relationships with world-class universities, research institutions and strategic manufacturing partnerships. We currently own, exclusively license or have the sole right to sublicense more than 5,500 patents issued and pending worldwide.
We manufacture and sell our proprietary OLED materials to customers for evaluation and use in commercial OLED products. We also enter into agreements with manufacturers of OLED display and lighting products under which we grant them licenses to practice under our patents and to use our proprietary know-how. At the same time, we work with these and other companies that are evaluating our OLED material, device design and manufacturing technologies for possible use in commercial OLED display and lighting products.
Thin, energy-efficient display panels that can be manufactured on glass or flexible substrates are essential for a wide variety of portable consumer electronics products, such as mobile phones, AR/VR headsets, digital cameras, wearables, tablets and notebook computers. Due to their narrow profile and light weight, flat panel displays are the display of choice for larger product applications, such as computer monitors and televisions. Liquid crystal displays, or LCDs, continue to dominate the flat panel display market. However, we believe that OLED displays are an attractive alternative to LCDs, and OLED displays are gaining market share, because they offer a number of potential advantages, including:
higher power efficiencies, thereby reducing energy consumption;
a thinner profile and lighter weight;
higher contrast ratios, leading to sharper picture images and graphics;
wider viewing angles;
deposition on non-rigid substrates which enable conformable and flexible displays;
faster response times for video and gaming; and
lower cost manufacturing methods and materials. Based on these characteristics, product manufacturers have adopted small-area OLED displays for use in a wide variety of electronic devices, such as smartphones, wearables and tablets. Manufacturers are increasingly commercializing large-area OLED displays for use in televisions. We believe that if these efforts are successful, they could result in sizeable markets for OLED displays.


   Company Address: 250 Phillips Boulevard Ewing 8618 NJ
   Company Phone Number: 671-0980   Stock Exchange / Ticker: NASDAQ OLED
   


   

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Universal Display Corporation

Universal Display Corporation Faces Earnings Slump with Soft Revenue in Q3 2023



The third quarter of 2023 was a challenging period for Universal Display Corporation (UDC), as both revenue and earnings saw a decline on a year-on-year basis. However, despite this setback, the company's financials reflected some positive developments. Let's delve into the numbers and assess the overall context of UDC's financial performance.
Revenue and Earnings Decline:
UDC's earnings per share (EPS) decreased by -3.57% to $1.08, reflecting a dip from the preceding fiscal period's $1.04 per share. Similarly, revenue experienced a decline of -12.287% year-on-year, reaching $140.83 million compared to $160.56 million in the corresponding period last year.

Universal Display Corporation

Universal Display Corporation Reports Robust Profit Margins with a Staggering 19.54% Rise in EPS Amid a Strong Revenue Increase in Recent Fiscal Period

Financial News Report: Universal Display Corporation Shows Strong Revenue Growth and Profit Margins
Universal Display Corporation, a leading provider of OLED technology and materials, has reported a significant increase in revenue and bottom-line growth in the most recent fiscal period, highlighting its strong performance in the industry.
According to the company's financial report, revenue in the most recent fiscal period saw a 7.224% increase to $146.43 million, compared to $136.56 million in the same period last year. This growth reflects the company's ability to capitalize on the rising demand for its OLED products. The company also recorded a bottom-line advance of 19.54%, with earnings per share (EPS) reaching $1.04 compared to $0.87 in the prior year quarter. These figures indicate the company's solid profitability and potential for future growth.
In contrast to the previous quarter, Universal Display Corporation experienced even stronger growth. Q1 revenue advanced by 12.232% to $130.47 million, and bottom-line growth reached an impressive 25.3%, with EPS increasing to $0.83 per share. This robust performance further solidifies the company's position as a key player in the OLED market.

Universal Display Corporation

Universal Display Corporation's First Quarter 2023 Shows Slight Decline, But Maintains Strong Position in OLED Industry

Universal Display Corporation (UDC) is a leading developer and manufacturer of organic light emitting diode (OLED) technologies for a wide range of industries, including consumer electronics, automotive, and lighting. Founded in 1994, the company has grown to become a major player in the OLED industry, thanks to its innovative technologies and focus on sustainable, eco-friendly products.
In the first quarter of 2023, UDC reported a return on equity (ROE) of 16.15%, which is above the average ROE of the OLED industry. However, the ROE fell slightly compared to the previous period, due to a decline in net income. Despite this decrease, UDC's overall ranking for ROE advanced from 922 in the fourth quarter of 2022 to 766 in the first quarter of 2023.






 

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