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 (NASDAQ: OLED) is at the forefront of the OLED revolution, pioneering innovative technologies and materials that are transforming the display and lighting industries. Established in 1994, the company has built a strong foundation of intellectual property, boasting more than 4,500 issued and pending patents worldwide. Universal Display is renowned for its proprietary OLED technologies and high-efficiency UniversalPHOLED® phosphorescent materials, which are integral to the development of low power and eco-friendly displays and lighting solutions.
As a world-class IP innovator, technology developer, patent licensor, and materials supplier, Universal Display plays a critical role in the rapidly expanding OLED market. The company licenses its cutting-edge technologies, enabling manufacturers to produce high-quality, energy-efficient displays for various applications including mobile phones, tablets, televisions, wearables, personal computers, and automotive interiors.
Universal Display's commitment to research and development has positioned it as a leader in the OLED industry. The company's state-of-the-art UniversalPHOLED materials are recognized for their superior performance and sustainability, making them a preferred choice for leading display and lighting manufacturers. With a significant portion of its revenue generated in South Korea, Universal Display also has a robust presence in Japan, China, the United States, and other major markets worldwide.
Recent achievements and ongoing projects highlight Universal Display's dedication to innovation and excellence. The company continues to advance its technology portfolio, explore new applications for OLEDs, and forge strategic partnerships to strengthen its market position. Financially, Universal Display remains strong, leveraging its extensive patent portfolio and technological expertise to drive growth and create value for its shareholders.
Stay updated with the latest developments, performance metrics, and news about Universal Display Corp to understand the company's impact on the OLED industry and its future prospects.
Universal Display Corporation (NASDAQ: OLED) will hold its 2022 Annual Meeting of Shareholders virtually on June 23, 2022, starting at 10:00 AM ET. Shareholders as of April 1, 2022, can attend by logging into the meeting with their control number. The meeting will be accessible online from 9:45 AM ET. An archive will be available for replay within 24 hours. Universal Display is recognized for its development of energy-efficient OLED technologies and holds over 5,500 patents worldwide, playing a pivotal role in the OLED market.
Universal Display Corporation (Nasdaq: OLED) has announced its sponsorship at the 2022 Middle Atlantic Regional Meeting (MARM) of the American Chemical Society, taking place from June 1-4 at The College of New Jersey. The event's theme focuses on diversity and inclusion in chemistry. Universal Display will support ten student registrations and Adesis, a subsidiary, will sponsor a research poster session. The participation highlights UDC's commitment to chemistry innovation and education, with various presentations planned by their experts.
Universal Display Corporation (Nasdaq: OLED) announced its participation in key investor and industry conferences. Notably, it will present at Cowen's 50th Annual Technology, Media & Telecom Conference on June 2, 2022, at 8:30 am ET in New York, featuring CEO Steve Abramson. Other conferences include SID Display Week 2022 in San Jose, CA, from May 9-13, 2022, and MARM 2022 in Ewing, NJ, from June 1-4, 2022. Universal Display, a leader in OLED technologies, possesses over 5,500 patents and focuses on energy-efficient displays and lighting.
Universal Display Corporation (Nasdaq: OLED) announced its participation in the Society for Information Display (SID) Display Week 2022 from May 9-13 in San Jose, California. CEO Steven V. Abramson expressed enthusiasm for returning to in-person events and highlighted the opportunity to engage with industry partners.
The event will feature various technical sessions, including keynote presentations by Dr. Mike Hack on phosphorescent blue OLEDs and other discussions led by Dr. Nicholas Thompson. The company continues to lead in OLED technology with over 5,500 patents globally.
Universal Display Corporation (Nasdaq: OLED) reported first quarter 2022 financial results, achieving total revenue of $150.5 million, up from $134.0 million in Q1 2021. Material sales rose to $86.7 million, while royalty and license fees increased to $59.8 million. Operating income was $62.3 million, slightly down from $63.6 million year-over-year. Net income reached $50.0 million, translating to $1.05 per diluted share. The company anticipates 2022 revenue of $625 million to $650 million and declared a cash dividend of $0.30 per share.
Universal Display Corporation (NASDAQ: OLED) has announced a second quarter cash dividend of $0.30 per share, showcasing its strong cash flow generation and commitment to shareholder returns. This dividend is payable on June 30, 2022, to shareholders on record as of June 16, 2022. The company specializes in OLED technologies and holds over 5,500 patents worldwide, reinforcing its position in the energy-efficient display market.
Universal Display Corporation (NASDAQ: OLED) will release its financial results for Q1 2022 on May 5, 2022, after market close. A conference call will follow at 5:00 PM Eastern Time, accessible via the Company’s Investor Relations website. Universal Display specializes in organic light-emitting diode (OLED) technologies and materials, holding over 5,500 patents globally. The Company is recognized for its high-efficiency UniversalPHOLED® technology, which enhances energy-efficient displays and solid-state lighting.
Universal Display Corporation (Nasdaq: OLED) announced its participation in several upcoming investor and industry conferences. Key events include the Bank of America Securities 2022 APAC TMT Virtual Conference on March 15, 2022, where Darice Liu will discuss the OLED theme. Other notable conferences include the LOPEC Business Conference in Munich on March 22, and OLED Korea on April 7-8, 2022. The company, a leader in OLED technology, holds over 5,500 patents and specializes in energy-efficient display and lighting solutions.
Universal Display Corporation (Nasdaq: OLED) reported robust financial results for Q4 and full year 2021, achieving record revenue of $554 million. The fourth quarter revenue was $146.2 million, a slight increase from $141.5 million year-over-year. Notably, material sales surged to $85.8 million, up from $62.5 million in Q4 2020, while royalty and license fees dropped to $56.0 million. Full-year net income reached $184.2 million or $3.87 per diluted share. The company anticipates revenue of $625 million to $650 million for 2022 and declared a dividend of $0.30 per share for Q1 2022.
Universal Display Corporation (NASDAQ: OLED) announced an increased cash dividend of
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