Universal Display Corp Stock Price, News & Analysis

Universal Display Corporation (Nasdaq: OLED) will release its second-quarter financial results for 2022 on August 4, 2022, after market close. Following the release, a conference call is scheduled for 5:00 p.m. Eastern Time on the same day. Investors can access the call via the company's Investor Relations website. Universal Display is known for its energy-efficient OLED technologies and materials, holding over 5,500 patents globally. The company emphasizes its commitment to innovation and collaboration in the OLED market.

Universal Display Corporation (NASDAQ: OLED) held its Virtual 2022 Annual Meeting of Shareholders, reflecting on a successful 2021 with record revenues of $554 million, $228 million in operating income, and $184 million net income, or $3.87 per diluted share. The company extended long-term agreements with key partners and announced a new manufacturing site in Ireland for UniversalPHOLED materials. Shareholders re-elected board members and ratified KPMG as the independent auditor for 2022, affirming confidence in the company's leadership and future growth 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.