Welcome to our dedicated page for Universal Display news (Ticker: OLED), a resource for investors and traders seeking the latest updates and insights on Universal Display stock.
Overview
Universal Display Corp (OLED) is a pioneering technology company specializing in the research, development, and manufacturing of organic light-emitting diode (OLED) technologies and state-of-the-art materials. With a rich history of technological innovation, the company has established itself as a formidable innovator in the evolution of display and lighting solutions. Its integrated business model encompasses intellectual property licensing, advanced technology development, and the supply of high-quality OLED materials, making it a critical player in the rapidly evolving world of solid-state lighting and display technologies.
Core Business Areas
At its core, Universal Display Corp focuses on several key domains:
- OLED Technology Development: The company develops proprietary OLED technologies that provide energy-efficient and eco-friendly solutions for a wide range of applications. The use of advanced, phosphorescent compounds allows their displays and lighting solutions to achieve high efficiency and exceptional performance.
- Intellectual Property and Licensing: With a robust portfolio of patents secured worldwide, Universal Display Corp licenses its breakthrough technologies to other manufacturers. This licensing approach not only drives revenue but also sets industry standards by ensuring that its innovations permeate multiple markets globally.
- Materials Supply: The company manufactures and supplies high-quality OLED materials that are integral to the production of premium displays and solid-state lighting systems, emphasizing durability, energy efficiency, and visual performance.
Technology and Innovation
Universal Display Corp is renowned for its commitment to technological excellence. Its proprietary OLED processes and phosphorescent materials have revolutionized the way display screens and lighting systems are designed and implemented. By developing materials that emit light through organic compounds, the company has introduced energy-efficient and flexible display technologies that are a viable alternative to traditional liquid crystal and LED-based systems. This innovative approach not only supports the growth of portable devices—such as smartphones, tablets, and wearable electronics—but also extends to large-scale applications like televisions, automotive interiors, and modern lighting installations.
Market Presence and Global Reach
The company boasts a significant presence in key global markets including East Asia, North America, and Europe. A large share of its technology licensing revenue derives from regions known for their advanced consumer electronics sectors. Universal Display Corp’s strategic partnerships and extensive patent rights position it effectively against competitors in both the display and solid-state lighting arenas. Investors and industry analysts recognize the company for its entrenched market influence and technical prowess in the realm of OLED innovation.
Competitive Position and Business Model
Universal Display Corp maintains a strong competitive edge by combining advanced material science with a sophisticated intellectual property strategy. The company’s dual focus on technology development and licensing enables it to secure a dominant market position without the volatility typically associated with hardware-centric businesses. This balanced approach not only mitigates risks associated with rapid technological changes but also reinforces its status as a trusted licensor and supplier within tightly regulated markets.
Industry Significance
With a comprehensive portfolio that spans from high-efficiency OLED materials to revolutionary display technologies, Universal Display Corp underpins the advancements in modern electronics and lighting. Its contributions are integral to the ongoing shift towards more energy-efficient, eco-friendly, and high-performance display solutions. The company’s rigorous commitment to innovation, as evidenced by a vast array of patents, positions it as a cornerstone in the technological landscape—driving improvements in both consumer electronics and large-scale lighting applications.
E-E-A-T Considerations
By leveraging decades of research, a robust patent portfolio, and a clear focus on technology development, Universal Display Corp demonstrates a high level of expertise and trustworthiness. The company consistently delivers reliable, high-performance solutions that meet the diverse demands of modern display and lighting markets. Whether through direct technology licensing or supplying essential OLED materials, the company’s work is underpinned by scientifically rigorous methods and a commitment to continual improvement.
The depth and breadth of Universal Display Corp’s operations ensure that it remains a subject of intense study by industry experts and investors alike. Its role in shaping the next generation of display technologies is supported by substantial industry knowledge, collaborative efforts, and an unyielding dedication to quality and innovation.
Universal Display (Nasdaq: OLED) has announced its participation in several upcoming investor and industry conferences in early 2025. The company will attend three major investor conferences: Susquehanna's Tech Conference in New York City (February 27), ROTH Conference in California (March 18), and BofA Securities Asia Tech Conference in Taiwan (March 19).
Additionally, the company will participate in three industry conferences: LOPEC in Munich (February 25), Princeton Materials Institute Symposium (April 2), and OLED & XR KOREA 2025 in Seoul (April 16-18). Various company representatives will present on topics including OLED efficiency, sustainability, and phosphorescent OLED innovations.
Universal Display , founded in 1994, is a leader in OLED technologies and materials, holding over 6,500 patents worldwide. The company specializes in UniversalPHOLED® technology and materials for display and solid-state lighting applications.
Universal Display (Nasdaq: OLED) has announced an increase in its quarterly cash dividend to $0.45 per share for the first quarter of 2025, up from the previous quarter's $0.40 per share. The dividend will be payable on March 31, 2025, to shareholders of record on March 17, 2025.
The company, founded in 1994, is a leader in OLED technologies and materials for display and solid-state lighting applications. Universal Display owns or licenses over 6,500 patents worldwide and specializes in UniversalPHOLED® phosphorescent OLED technology, offering high-quality materials and solutions to clients through technology transfer, collaborative development, and on-site training.
Universal Display (OLED) reported record financial results for Q4 and full year 2024. Total revenue for Q4 2024 reached $162.3 million, up from $158.3 million in Q4 2023. Material sales increased to $93.3 million from $82.2 million, while royalty and license fees decreased to $64.4 million from $72.9 million.
For the full year 2024, total revenue was $647.7 million, compared to $576.4 million in 2023. Net income for 2024 was $222.1 million ($4.65 per diluted share), up from $203.0 million ($4.24 per diluted share) in 2023. The company maintained a 77% gross margin in both periods.
Looking ahead, Universal Display provided 2025 revenue guidance of $640-700 million. The company also announced a Q1 2025 cash dividend of $0.45 per share, payable on March 31, 2025.
Universal Display (Nasdaq: OLED) has announced it will release its fourth quarter and full year 2024 financial results on Thursday, February 20, 2025, after market close. The company will host a conference call at 5:00 p.m. Eastern Time on the same day.
Investors can access the live webcast through the company's Investor Relations website at ir.oled.com. Those wanting to participate in the live call can dial 1-877-524-8416 (toll-free) or 1-412-902-1028, and should dial in 5-10 minutes before the scheduled time.
Universal Display is a leader in OLED technologies and materials, with over 6,000 patents issued and pending worldwide. The company specializes in UniversalPHOLED® phosphorescent OLED technology, offering high-efficiency solutions for displays and solid-state lighting applications.
Universal Display (Nasdaq: OLED), a leader in OLED technologies and materials, has announced its participation in the 27th Annual Needham Growth Conference. The event will take place on January 15, 2025, in New York City, featuring a presentation by CFO Brian Millard at 9:30 a.m. ET.
The presentation will be accessible via live and archived audio webcast on the company's Investor Relations website at ir.oled.com. Founded in 1994, Universal Display owns or licenses over 6,000 patents worldwide and specializes in UniversalPHOLED® phosphorescent OLED technology for energy-efficient displays and lighting applications.
The company provides high-quality UniversalPHOLED materials and offers collaborative technology development, technology transfer, and on-site training to its clients and partners.
Universal Display (Nasdaq: OLED) announced the appointment of April E. Walker to its Board of Directors, effective January 1, 2025, expanding the board to 11 members. Walker brings over 30 years of leadership experience from companies including Microsoft, MetLife, NBCUniversal, and Salesforce, with expertise in artificial intelligence, cybersecurity, and digital innovation.
Walker currently serves as a strategic advisor and holds positions at Drexel University Solutions Institute. She has an MBA from MIT Sloan School of Management, specialized certifications in AI and Machine Learning, and an MS in Engineering Management from George Washington University. She also serves on the Board of Sangoma Technologies
Universal Display (Nasdaq: OLED) has been named to Newsweek's America's Most Responsible Companies 2025 list for the fourth time. The company was recognized among the top 600 most responsible companies in the United States, based on 30 key performance indicators.
The selection process, conducted in partnership with Statista, evaluated the 2,000 largest publicly traded U.S.-based companies across three ESG pillars: environmental, social, and corporate governance. The assessment included analysis of metrics such as energy usage and charitable donations, along with a reputation survey of over 26,000 U.S. consumers.
Universal Display , founded in 1994, is a leader in OLED technologies and materials, holding more than 6,000 patents worldwide. The company's UniversalPHOLED® technology enables energy-efficient displays and lighting solutions, demonstrating their commitment to innovation and sustainability.
Universal Display (Nasdaq: OLED) has announced the appointment of Chandran Nair as CEO of their newly formed Singapore-based subsidiary, effective December 2, 2024. Nair brings over 26 years of leadership experience in global technology and equipment companies. The company will consolidate its OVJP (organic vapor jet printing) operations by closing its Santa Clara, California location and centralizing operations in Singapore through Universal Vapor Jet (UVJC) and UDC's Tech and Innovation Center in New Jersey.
The reorganization comes as UDC acknowledges an extended timeline for new capital equipment investments in large-area displays, as the industry focuses on IT capacity demands. While maintaining its focus on large-area display markets, the company plans to explore additional market opportunities for its mask-less, solvent-less OLED printing manufacturing platform.
Universal Display (Nasdaq: OLED) has announced its participation in several upcoming conferences. The company will attend two investor conferences: the J.P. Morgan Global TMT Conference in Hong Kong on November 18, 2024, and the Nasdaq 51st Investor Conference in London on December 10, 2024. Additionally, UDC will participate in two industry conferences: the SID Mid-Atlantic Chapter Seminar in New York City on November 18, 2024, and the OLEDs World Summit, a virtual event on December 4-5, 2024.
The company will showcase its UniversalPHOLED® technology and materials, with presentations focusing on next-generation OLED materials and energy-efficient OLED technologies. Live and archived webcasts of investor presentations will be available on the company's IR website.
Universal Display (Nasdaq: OLED) has announced a fourth quarter cash dividend of $0.40 per share on the Company's common stock. The dividend will be paid on December 31, 2024, to shareholders of record on December 17, 2024. The company states this dividend reflects their expected continued cash flow generation and commitment to return capital to shareholders. Universal Display is a leader in OLED technologies and materials, owning or licensing over 6,000 patents worldwide for their UniversalPHOLED® technology used in display and solid-state lighting applications.
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