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.
Universal Display Corporation (Nasdaq: OLED) is active in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials, and its news flow reflects this focus. Company announcements frequently describe developments in its UniversalPHOLED phosphorescent OLED technology, updates on its OLED materials business, and activities related to its global patent portfolio.
Investors following OLED news can find updates on Universal Display’s financial results, including quarterly earnings releases and related conference calls, where the company reports revenue from material sales, royalty and license fees, and contract research services. News items also cover Board-approved cash dividends on the company’s common stock, providing context on shareholder return policies.
Universal Display’s news includes information on technology and licensing agreements, such as long-term OLED material supply and license arrangements with display manufacturers. The company also reports on intellectual property transactions, including agreements to acquire OLED-related patent assets that expand its coverage of emissive device structures and related materials.
Beyond financial and transaction updates, Universal Display issues releases on its participation in investor and industry conferences, invited technical presentations, and awards programs in organic electronics and display research. Readers of the OLED news page can expect coverage of these events, along with announcements from subsidiaries like Universal Vapor Jet Corporation, which develops thin-film printing and deposition technologies derived from Universal Display’s OLED process platforms.
By monitoring this news feed, users can track Universal Display’s reported business developments, technology initiatives, patent activities and corporate events as disclosed in its public communications.
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.
Universal Display (Nasdaq: OLED) reported its financial results for Q3 2024. The company achieved total revenue of $161.6 million, up from $141.1 million in Q3 2023. However, material sales decreased to $83.4 million from $92.5 million, while royalty and license fees increased to $74.6 million from $45.9 million. The gross margin improved to 78%, and net income rose to $66.9 million ($1.40 per diluted share) from $51.5 million ($1.08 per diluted share) in Q3 2023. For the first nine months of 2024, total revenue was $485.4 million, up from $418.1 million in the same period of 2023. The company revised its 2024 revenue forecast to $625-$645 million. A fourth-quarter dividend of $0.40 per share was announced, payable on December 31, 2024.
Universal Display (Nasdaq: OLED) has announced that its third quarter 2024 financial results will be released on Wednesday, October 30, 2024, after market close. The company will host a conference call at 5:00 p.m. Eastern Time on the same day to discuss the results. Interested parties can access the live webcast of the call on the company's Investor Relations website or dial in to participate.
Universal Display is a leader in OLED technologies and materials for display and solid-state lighting applications. The company owns or has exclusive rights to over 6,000 patents worldwide and licenses its proprietary UniversalPHOLED® technology. UDC also develops and offers high-quality OLED materials and provides innovative solutions to clients through technology transfer and collaborative development.
Universal Display (Nasdaq: OLED) has established the Sherwin I. Seligsohn Innovation Award to honor its late founder and support advancements in organic electronics. The award, worth $75,000 USD, will focus on organic photovoltaics for its 2025 competition. Submissions will be accepted from September 18, 2024, to June 30, 2025, with the winner announced in September 2025.
The award is open to individuals and teams worldwide, accepting both published and unpublished work in organic electronics. This initiative aims to celebrate innovation and recognize groundbreaking achievements in the field, continuing Seligsohn's legacy of fostering creativity and excellence in technology.