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Universal Display Corp - OLED STOCK NEWS

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 Corp (OLED) drives innovation in organic light-emitting diode technology for displays and lighting solutions. This news hub provides investors and industry professionals with comprehensive access to official announcements, financial updates, and strategic developments from the OLED technology leader.

Track all material disclosures including quarterly earnings reports, patent filings, and partnership announcements in one centralized location. Our curated collection features verified press releases covering product innovations, sustainability initiatives, and market expansion efforts that shape the OLED industry.

Stay informed about Universal Display's advancements in phosphorescent materials and licensing agreements through primary source documentation. The page serves as an essential resource for monitoring the company's technological roadmap and its impact on consumer electronics, automotive applications, and energy-efficient lighting markets.

Bookmark this page for real-time updates on Universal Display Corp's operational milestones and industry leadership. Regularly refreshed content ensures you maintain awareness of critical developments affecting OLED's position in the global technology landscape.

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Universal Display Corporation (Nasdaq: OLED) received the 2022 Hand in Hand Strategic Partner Award from TCL China Star Optoelectronics Technology (TCL CSOT). The award recognizes UDC's commitment to innovation and collaboration in developing OLED technologies. UDC's President and CEO expressed gratitude for the award and highlighted the company's dedication to excellence and continuous development.
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Universal Display Corporation (Nasdaq: OLED) will hold its 2023 Annual Meeting of Shareholders in a virtual-only format on June 15, 2023. Shareholders of record as of April 10, 2023, can attend and participate by visiting www.virtualshareholdermeeting.com/OLED2023. The meeting will be available for replay on the Company's Investor Relations website.
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Universal Display Corporation and PPG have opened a new OLED manufacturing facility in Shannon, Ireland. The site is expected to double production capacity and create a positive economic impact on the region. PPG is the exclusive manufacturer of UDC's OLED materials. The facility will create high-tech roles and increase headcount to 100. The investment in Ireland reflects the availability of skilled talent and commitment to innovation. UDC's phosphorescent OLED emitters are used in consumer electronic products worldwide.
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Universal Display Corporation reports financial results for Q1 2023, reaffirms full-year outlook. Announces acquisition of Merck KGaA's phosphorescent emitter patent portfolio and a new collaboration agreement. Total revenue for Q1 2023 was $130.5 million, a decrease from Q1 2022. Revenue from material sales was $70.2 million, a decrease from Q1 2022. Revenue from royalty and license fees was $55.2 million, a decrease from Q1 2022. Operating income was $45.4 million, a decrease from Q1 2022. Net income was $39.8 million, a decrease from Q1 2022. The company affirms its previous revenue guidance for 2023. Announces a second quarter cash dividend of $0.35 per share.
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Universal Display Corporation (NASDAQ: OLED) announced it will release its first-quarter results for the period ending March 31, 2023, on May 3, 2023, after market close. A conference call is scheduled for the same day at 5:00 p.m. Eastern Time, with a live webcast available on the Company’s Investor Relations website. Universal Display is a leader in OLED technology development and commercialization, owning over 5,500 patents globally. They focus on high-efficiency OLED technologies and materials aimed at enhancing energy efficiency in displays and solid-state lighting. For more information, visit oled.com.

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Universal Display Corp

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3.28%
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