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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.
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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.
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Universal Display Corporation (Nasdaq: OLED) has announced its sponsorship and presentation at the 2023 OLED Korea conference, occurring from April 12-14 in Incheon, Korea. Dr. Mike Hack, VP of Business Development, will present on April 14 at 2:10 PM KST, discussing advancements in phosphorescent OLED technology, including the innovative Plasmonic PHOLED and the OVJP dry printing platform aimed at enhancing OLED TV performance.
According to CEO Steven V. Abramson, this sponsorship provides an opportunity to update the industry on UDC's R&D initiatives and network with key players. The company emphasizes continuous innovation in OLED technologies while investing in infrastructure to expand market opportunities.
Universal Display Corporation (Nasdaq: OLED) will sponsor and present at the International Conference on Display Technology (ICDT) 2023 from March 31 to April 3 in Nanjing, China. CEO Steven V. Abramson highlighted the growing presence of OLED technology across various consumer electronics, including AR/VR and automotive applications. Presenters from UDC will discuss advancements in energy-efficient phosphorescent materials, including the Plasmonic PHOLED platform. Key sessions include presentations by Dr. Nicholas Thompson on April 2 and Dr. Mike Weaver on April 3. UDC owns over 5,500 patents related to OLED technology.
Universal Display Corporation (Nasdaq: OLED) has announced its participation in several upcoming conferences focused on display and lighting technologies. Key events include the BofA Securities 2023 Asia Pacific Telecom, Media and Technology Conference on March 15-16 in Taipei, Taiwan, and the International Conference on Display Technology (ICDT) from March 31 to April 3 in Nanjing, China. Presenters include Vice President and CFO Brian Millard and Vice President of PHOLED R&D Dr. Mike Weaver, discussing advances in OLED technology. Universal Display is recognized for its leading role in the OLED market, holding over 5,500 patents globally.
Universal Display Corporation (Nasdaq: OLED) reported strong financial results for Q4 and FY 2022, achieving record revenues and net income. In Q4 2022, total revenue hit $169 million, up from $146.2 million in Q4 2021, with net income of $65.1 million ($1.36 per diluted share). Full-year revenue reached $616.6 million compared to $553.5 million in 2021, with net income of $210.1 million ($4.40 per diluted share). The company anticipates a 2023 revenue range of $550 million to $600 million. A dividend of $0.35 per share will be paid March 31, 2023. Despite uncertainties in the global economy, Universal Display aims to build on its OLED market leadership.
Universal Display Corporation (Nasdaq: OLED) announced an increase in its cash dividend to $0.35 per share for Q1 2023, up from $0.30 in the previous quarter. The dividend is payable on March 31, 2023, to shareholders of record by March 17, 2023. This increase reflects the company’s confidence in ongoing cash flow generation and its commitment to returning capital to shareholders. Future dividends will depend on Board approval.
Universal Display is a leader in OLED technology, holding over 5,500 patents globally, and focuses on energy-efficient displays and lighting solutions.
Universal Display Corporation (Nasdaq: OLED) will release its financial results for Q4 and the full year ended December 31, 2022, on February 23, 2023, after market close. A conference call will follow at 5:00 p.m. Eastern Time on the same day. Investors can access the conference via the company's Investor Relations website. Universal Display is a leader in OLED technologies, holding over 5,500 patents. Their UniversalPHOLED technology enables energy-efficient displays and lighting. The company does not provide specific financial metrics in this release but invites stakeholders to review their results on the specified date.
Universal Display Corporation (Nasdaq: OLED) has entered into an OLED evaluation agreement with Seiko Epson Corporation (TSE: 6724). Under this agreement, Universal Display will supply its proprietary phosphorescent OLED materials and technology for AR/VR display applications. Specific details and financial terms remain undisclosed. CEO Steven V. Abramson highlighted the ongoing partnership and the growing demand for OLED technologies in consumer electronics. Universal Display leads in OLED development, holding over 5,500 patents globally and offering high-efficiency OLED products.
Universal Display Corporation (NASDAQ: OLED) announced its participation in the 25th Annual Needham Growth Conference, where CEO Steve Abramson and CFO Brian Millard will discuss the company's growth prospects and the status of the phosphorescent blue program. The event is scheduled for 1:30 PM ET today. The company reaffirms its 2022 revenue guidance of $600 million, plus or minus $10 million. Abramson stated the OLED industry’s long-term growth remains strong despite near-term demand fluctuations, with expectations for a pivotal 2024 due to progress in developing a commercial phosphorescent blue emissive system.
Universal Display Corporation (NASDAQ: OLED) announced its participation in upcoming investor and industry conferences. The 25th Annual Needham Growth Conference is scheduled for January 10, 2023, at 1:30 PM ET in New York City, featuring presentations by CEO Steve Abramson and CFO Brian Millard. Additionally, the company will present at LOPEC 2023 on February 28, 2023, in Munich, Germany, with Dr. Mike Hack discussing advancements in phosphorescent OLED technology. Universal Display is a leader in OLED technologies, holding over 5,500 patents globally.
