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 Corporation (Nasdaq: OLED) is active in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials, and its news flow reflects this focus. Company announcements frequently describe developments in its UniversalPHOLED phosphorescent OLED technology, updates on its OLED materials business, and activities related to its global patent portfolio.
Investors following OLED news can find updates on Universal Display’s financial results, including quarterly earnings releases and related conference calls, where the company reports revenue from material sales, royalty and license fees, and contract research services. News items also cover Board-approved cash dividends on the company’s common stock, providing context on shareholder return policies.
Universal Display’s news includes information on technology and licensing agreements, such as long-term OLED material supply and license arrangements with display manufacturers. The company also reports on intellectual property transactions, including agreements to acquire OLED-related patent assets that expand its coverage of emissive device structures and related materials.
Beyond financial and transaction updates, Universal Display issues releases on its participation in investor and industry conferences, invited technical presentations, and awards programs in organic electronics and display research. Readers of the OLED news page can expect coverage of these events, along with announcements from subsidiaries like Universal Vapor Jet Corporation, which develops thin-film printing and deposition technologies derived from Universal Display’s OLED process platforms.
By monitoring this news feed, users can track Universal Display’s reported business developments, technology initiatives, patent activities and corporate events as disclosed in its public communications.
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.
Universal Display Corporation (NASDAQ: OLED) has been awarded the Excellent Paper Award at the International Conference on Display Technology (ICDT) 2022 for their paper on "Highly Efficient Near-Infrared Phosphorescent OLEDs." The award was presented on December 8, 2022, during a virtual event. The research emphasizes advancements in near-infrared phosphorescent OLEDs for biomedical applications, highlighting a photoluminescence quantum yield exceeding 39% and an external quantum efficiency of approximately 9%. The company seeks to further enhance OLED technologies to meet industry demands.
Universal Display Corporation (NASDAQ: OLED) announced the passing of its Founder, Sherwin I. Seligsohn, on December 3, 2022. His visionary leadership was pivotal in the creation of two influential companies in the OLED and wireless technology sectors. Seligsohn founded Universal Display in June 1994, following his groundbreaking observation of organic materials at Princeton University. Under his guidance, UDC evolved from a start-up to a global OLED leader, holding over 5,500 patents. His legacy will continue to inspire the company as it moves forward in its growth and innovation initiatives.
Universal Display Corporation (NASDAQ: OLED) has signed long-term OLED material supply and license agreements with Samsung Display Co., Ltd. These agreements, valued for their strategic importance, ensure the continued supply of proprietary UniversalPHOLED phosphorescent OLED materials and technology to Samsung for its OLED displays. The contracts are set to last until December 31, 2027, with a possibility of a two-year extension. The financial terms remain undisclosed, emphasizing the ongoing partnership that has evolved over two decades.
Universal Display Corporation (Nasdaq: OLED) reported record revenues of $160.6 million for Q3 2022, up from $143.6 million in Q3 2021. Key revenue drivers included $84.2 million from material sales and $71.5 million from royalties. Despite a 77% gross margin, a dip from 78% in the previous year was noted, impacted by costs from its new facility in Ireland. The company reaffirmed its 2022 revenue guidance of approximately $600 million and announced a cash dividend of $0.30 per share.
Universal Display Corporation (Nasdaq: OLED) has announced a fourth quarter cash dividend of
Universal Display Corporation (NASDAQ: OLED) announced that its third-quarter financial results, for the period ending September 30, 2022, will be released on November 3, 2022, after market close. A conference call will follow at 5:00 p.m. Eastern Time, with details available on the Company's Investor Relations website. Universal Display specializes in organic light emitting diode (OLED) technologies and holds over 5,500 patents worldwide. Their UniversalPHOLED® technology promotes energy-efficient displays and solid-state lighting.
Universal Display Corporation (NASDAQ: OLED) rang the closing bell at the New York Stock Exchange on September 30, 2022, to honor Hispanic Heritage Month. Cynthia Comparin, a board member, participated alongside other Latino Corporate Directors Association members. CEO Steven V. Abramson highlighted the company's commitment to diversity and innovation. Universal Display is known for its cutting-edge UniversalPHOLED technology, holding over 5,500 patents globally, and focuses on energy-efficient OLED technologies for displays and lighting solutions.
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