Universal Display Corporation

OLED

US91347P1057

Semiconductors

Market Closed - Nasdaq Other stock markets 16:00:00 2024-05-17 EDT			5-day change	1st Jan Change
173.1 ^USD	-0.31%		-0.36%	-9.47%

05-09	Universal Display Insider Sold Shares Worth $1,450,247, According to a Recent SEC Filing	MT
05-09	Universal Display Insider Sold Shares Worth $1,812,650, According to a Recent SEC Filing	MT

Universal Display Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024

May 02, 2024 at 04:05 pm

Universal Display Corporation reported earnings results for the first quarter ended March 31, 2024. For the first quarter, the company reported revenue was USD 165.26 million compared to USD 130.47 million a year ago. Net income was USD 56.85 million compared to USD 39.84 million a year ago.

Basic earnings per share from continuing operations was USD 1.19 compared to USD 0.83 a year ago. Diluted earnings per share from continuing operations was USD 1.19 compared to USD 0.83 a year ago.

Latest news about Universal Display Corporation

Universal Display Insider Sold Shares Worth $1,450,247, According to a Recent SEC Filing	05-09	MT
Universal Display Insider Sold Shares Worth $1,812,650, According to a Recent SEC Filing	05-09	MT
Universal Display Q1 Earnings, Revenue Increase; Lifts Low End of 2024 Revenue Outlook	05-03	MT
Transcript : Universal Display Corporation, Q1 2024 Earnings Call, May 02, 2024	05-02
Earnings Flash (OLED) UNIVERSAL DISPLAY CORPORATION Reports Q1 Revenue $165.3M, vs. Street Est of $150.4M	05-02	MT
Universal Display Corporation Approves Second Quarter Cash Dividend, Payable on June 28, 2024	05-02	CI
Universal Display Corporation Revises Earnings Guidance for the Year 2024	05-02	CI
Universal Display Corporation Reports Earnings Results for the First Quarter Ended March 31, 2024	05-02	CI
Universal Display Corporation Announces the Appointment of Dr. Nigel Brown and Dr. Joan Lau to the Board of Directors	03-07	CI
Universal Display Insider Sold Shares Worth $1,199,265, According to a Recent SEC Filing	02-29	MT
Oppenheimer Adjusts Universal Display Price Target to $200 From $210, Maintains Outperform Rating	02-23	MT
Universal Display Posts Lower Q4 Results, Issues Guidance; Ups Dividend	02-22	MT
Transcript : Universal Display Corporation, Q4 2023 Earnings Call, Feb 22, 2024	02-22
Earnings Flash (OLED) UNIVERSAL DISPLAY CORPORATION Reports Q4 Revenue $158.3M, vs. Street Est of $161M	02-22	MT
Universal Display Corporation Reports Earnings Results for the Full Year Ended December 31, 2023	02-22	CI
Universal Display Corporation Reports Earnings Results for the Fourth Quarter Ended December 31, 2023	02-22	CI
Universal Display Corporation Approves Increase Cash Dividend for the First Quarter of 2024, Payable on March 29, 2024	02-22	CI
Universal Display Corporation Provides Revenue Guidance for the Year 2024	02-22	CI
Needham Raises Price Target on Universal Display to $198 From $175, Keeps Buy Rating	01-22	MT
North American Morning Briefing : S&P 500 Seen -2-	01-22	DJ
Citigroup Downgrades Universal Display to Neutral From Buy, Raises Price Target to $180 From $161	01-19	MT
Transcript : Universal Display Corporation Presents at 26th Annual Needham Growth Virtual Conference, Jan-18-2024 09:30 AM	01-18
Susquehanna Raises Universal Display Price Target to $170 From $150, Maintains Neutral Rating	01-16	MT
Oppenheimer Hikes Price Target on Universal Display to $210 From $180, Affirms Outperform Rating	01-05	MT
North American Morning Briefing : S&P 500 Eyes -2-	12-19	DJ

Chart Universal Display Corporation

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Company Profile

Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. OLED is an emitting light device which can be manufactured on both flexible and rigid substrates, helping make it suitable for use in full-color displays and as lighting products. OLED displays can be used in the mobile phone, television, monitor, wearable, tablet, notebook and personal computer, augmented reality (AR), virtual reality (VR), and automotive markets. Its PHOLED technologies allow OLEDs to emit light through a process called phosphorescence. It has an intellectual property portfolio surrounding its existing PHOLED technologies and materials for both displays and lighting products, which the Company markets under the UniversalPHOLED brand. The Companyâs additional OLED technologies include FOLED Flexible OLEDs and OVJP Organic Vapor Jet Printing.

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Semiconductors

Calendar

2024-06-13 - Ex-dividend day

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Ratings for Universal Display Corporation

Trading Rating

Investor Rating

ESG Refinitiv

B-

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Analysts' Consensus

Sell

Buy

Mean consensus

BUY

Number of Analysts

Last Close Price

173.1 USD

Average target price

200.1 USD

Spread / Average Target

+15.57%

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EPS Revisions

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Quarterly earnings - Rate of surprise

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