Universal Display Corporation experienced a decline in revenue and net income for the third quarter of 2025, primarily due to timing shifts including customer pull-ins earlier in the year and a one-time out-of-period adjustment. Despite the quarterly dip, the company remains optimistic about the OLED industry's future growth, driven by IT and automotive capital expenditure cycles, and is focused on innovation and market expansion.

Universal Display Corporation achieved record financial performance in Q2 2025, driven by strong execution and increasing demand in the OLED IT market. The company reported a significant increase in total revenue and net income, leading to a raised lower end of its 2025 revenue guidance.

Universal Display Corporation reported a slight increase in total revenue for the first quarter of 2025 compared to the same period last year, driven by growth in royalty and license fees and contract research services, offsetting a decrease in material sales. Net income and operating income also saw increases.

Universal Display Corporation reported Q4 2024 revenue of $162.3 million, a slight increase from the previous year. Net income declined to $46.0 million due to restructuring costs and foreign exchange losses. Material sales grew significantly, while royalty and license fees declined. The company remains optimistic about industry growth.

Universal Display Corporation reported a revenue of $161.6 million for the third quarter of 2024, compared to $141.1 million in the third quarter of 2023. The company's net income was $66.9 million, or $1.40 per diluted share, compared to $51.5 million, or $1.08 per diluted share, in the third quarter of 2023. The company is lowering its 2024 revenue forecast range to $625 million to $645 million.

Universal Display Corporation reported total revenue of $158.5 million for the second quarter of 2024, compared to $146.6 million in the second quarter of 2023. Revenue from material sales was $95.4 million, while revenue from royalty and license fees was $59.6 million. Net income was $52.3 million, or $1.10 per diluted share, compared to $49.7 million, or $1.04 per diluted share, in the second quarter of 2023.

Universal Display Corporation reported a strong start to 2024, with total revenue increasing to $165.3 million compared to $130.5 million in the first quarter of 2023. Net income rose to $56.9 million, or $1.19 per diluted share, compared to $39.8 million, or $0.83 per diluted share, in the same period last year. The company increased the lower end of its previous revenue guidance and believes that 2024 revenue will be in the range of $635 million to $675 million.

Universal Display Corporation reported a decrease in revenue for the fourth quarter of 2023, with total revenue at $158.3 million compared to $169.0 million in the same quarter of the previous year. The company's net income also decreased to $62.0 million, or $1.29 per diluted share, from $65.1 million, or $1.36 per diluted share, in Q4 2022.

Universal Display Corporation reported a decrease in revenue for Q3 2023, with total revenue at $141.1 million compared to $160.6 million in Q3 2022. Material sales increased, while royalty and license fees decreased. Net income was $51.5 million, or $1.08 per diluted share, compared to $53.5 million, or $1.12 per diluted share, in the same quarter of the previous year.

Universal Display Corporation reported a revenue of $146.6 million for Q2 2023, compared to $136.6 million in Q2 2022. Net income increased to $49.7 million, or $1.04 per diluted share, from $41.5 million, or $0.87 per diluted share, in the same period last year. The company narrowed its full-year revenue guidance to $560 million to $600 million.

Universal Display Corporation reported total revenue of $130.5 million for Q1 2023, compared to $150.5 million in Q1 2022. The company reaffirmed its full-year 2023 revenue guidance of $550 million to $600 million.

Universal Display Corporation reported strong financial results for the fourth quarter of 2022, with record revenues of $169.0 million compared to $146.2 million in the fourth quarter of 2021 and net income of $65.1 million or $1.36 per diluted share as compared to $45.9 million or $0.96 per diluted share in the fourth quarter of 2021.

Universal Display Corporation reported a revenue of $160.6 million for Q3 2022, compared to $143.6 million in Q3 2021. The increase was primarily driven by higher unit material volume and customer mix. Net income was $53.5 million, or $1.12 per diluted share, compared to $46.1 million, or $0.97 per diluted share, in the third quarter of 2021.

Universal Display Corporation reported Q2 2022 revenue of $136.6 million, an increase from $129.7 million in Q2 2021. Despite this increase, the company revised its 2022 revenue forecast to approximately $600 million due to macroeconomic uncertainty and volatility.

Universal Display Corporation reported first quarter 2022 financial results with total revenue of $150.5 million, an increase compared to $134.0 million in the first quarter of 2021. Net income was $50.0 million, or $1.05 per diluted share, compared to $51.7 million, or $1.08 per diluted share in the first quarter of 2021.

Universal Display Corporation reported a revenue increase for Q4 2021, driven by material sales growth, although royalty and license fees decreased. The company is on track to meet preliminary target specifications with its phosphorescent blue by year-end 2022, which should enable the introduction of our all-phosphorescent RGB (red, green and blue) stack into the commercial market in 2024.

Universal Display Corporation reported strong third-quarter results, highlighted by a record revenue of $143.6 million, driven by increased royalty and license fees, as well as higher material sales due to stronger demand in the OLED display market. The company reaffirms its revenue guidance range of $530 million to $560 million despite global supply chain disruptions.

Universal Display Corporation reported a strong second quarter with a significant increase in total revenue, driven by increased demand for OLED products and recovery in sales affected by the COVID-19 pandemic. The company's operating income and net income also saw substantial improvements compared to the previous year.

Universal Display Corporation (Nasdaq: OLED) reported financial results for the first quarter ended March 31, 2021, with total revenue of $134.0 million, compared to $112.3 million in the first quarter of 2020. Net income was $51.7 million, or $1.08 per diluted share, as compared to $38.2 million, or $0.80 per diluted share in the first quarter of 2020.

Universal Display Corporation reported record quarterly revenue of $141.5 million in Q4 2020, a significant increase from $101.7 million in Q4 2019. The company's net income also rose to $53.9 million, or $1.13 per diluted share, compared to $26.4 million, or $0.56 per diluted share, in the same quarter of the previous year. Growth was primarily driven by an increase in royalty and license fees.

Universal Display Corporation reported a revenue of $117.1 million for the third quarter of 2020, compared to $97.5 million in the third quarter of 2019. The increase in revenue was due to higher material sales as a result of stronger demand in the OLED display market. Net income was $40.5 million, or $0.85 per diluted share, compared to $37.0 million, or $0.78 per diluted share, in the third quarter of 2019.

Universal Display Corporation reported a decrease in revenue for Q2 2020, primarily due to weakened demand for emitter products as a result of the COVID-19 pandemic and the impact of advanced purchases in the prior quarter. Total revenue was $58.0 million, compared to $118.2 million in Q2 2019. Net income was $815,000, or $0.02 per diluted share, compared to $43.4 million, or $0.92 per diluted share in Q2 2019.

Universal Display Corporation reported a revenue of $112.3 million for Q1 2020, an increase from $87.8 million in Q1 2019. The company's net income was $38.2 million, or $0.80 per diluted share, compared to $31.5 million, or $0.66 per diluted share, in the previous year. Due to the uncertainty of the COVID-19 pandemic, the company has withdrawn its 2020 revenue guidance.

Universal Display Corporation reported record financial results for Q4 2019, with total revenue reaching $101.7 million, a significant increase compared to $70.1 million in Q4 2018. The company's net income also rose to $26.4 million, or $0.56 per diluted share, compared to $19.2 million, or $0.40 per diluted share, in the same period last year. The strong performance was attributed to the continued proliferation of OLEDs in smartphones, TVs, wearables, and early commercial headway into the IT and automotive markets.