Latest news with #UniversalDisplayCorporation
Yahoo
04-06-2025
- Business
- Yahoo
Universal Display Corporation to Hold Virtual 2025 Annual Meeting of Shareholders
EWING, N.J., June 04, 2025--(BUSINESS WIRE)--Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED® technology and materials, will hold its 2025 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Wednesday, June 18, 2025. To attend and participate in the Annual Meeting, shareholders of record as of the close of business on April 4, 2025, will need to visit and log in using the 16-digit control number found on their proxy card, voting instruction form or notice of internet availability. Guests may attend the 2025 Annual Meeting in a listen-only mode. Online access and check-in will begin at 9:45 A.M. Eastern Time on June 18th. Participants should allow plenty of time to log in prior to the start of the Annual Meeting. An archive of the meeting will be available for replay within 24 hours after its conclusion on the events page of the Company's Investor Relations website at About Universal Display Corporation Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks. All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company's technologies, and the Company's expected results and future declaration of dividends, as well as the growth of the OLED market and the Company's opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled "Risk Factors" in Universal Display Corporation's Annual Report on Form 10-K for the year ended December 31, 2024. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document. Follow Universal Display Corporation X Facebook YouTube (OLED-C) View source version on Contacts Universal Display Contact: Darice Liuinvestor@ media@ +1 609-964-5123 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
04-06-2025
- Business
- Business Wire
Universal Display Corporation to Hold Virtual 2025 Annual Meeting of Shareholders
BUSINESS WIRE)-- Universal Display Corporation (Nasdaq: OLED) (UDC), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, will hold its 2025 Annual Meeting of Shareholders in a virtual-only format beginning at 10:00 A.M. Eastern Time on Wednesday, June 18, 2025. To attend and participate in the Annual Meeting, shareholders of record as of the close of business on April 4, 2025, will need to visit and log in using the 16-digit control number found on their proxy card, voting instruction form or notice of internet availability. Guests may attend the 2025 Annual Meeting in a listen-only mode. Online access and check-in will begin at 9:45 A.M. Eastern Time on June 18 th. Participants should allow plenty of time to log in prior to the start of the Annual Meeting. An archive of the meeting will be available for replay within 24 hours after its conclusion on the events page of the Company's Investor Relations website at About Universal Display Corporation Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks. All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company's technologies, and the Company's expected results and future declaration of dividends, as well as the growth of the OLED market and the Company's opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled 'Risk Factors' in Universal Display Corporation's Annual Report on Form 10-K for the year ended December 31, 2024. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document. Follow Universal Display Corporation X Facebook YouTube (OLED-C)
Yahoo
17-05-2025
- Business
- Yahoo
Universal Display Corporation (NASDAQ:OLED) institutional owners may be pleased with recent gains after 9.3% loss over the past year
Significantly high institutional ownership implies Universal Display's stock price is sensitive to their trading actions A total of 16 investors have a majority stake in the company with 50% ownership Ownership research along with analyst forecasts data help provide a good understanding of opportunities in a stock We check all companies for important risks. See what we found for Universal Display in our free report. A look at the shareholders of Universal Display Corporation (NASDAQ:OLED) can tell us which group is most powerful. The group holding the most number of shares in the company, around 82% to be precise, is institutions. That is, the group stands to benefit the most if the stock rises (or lose the most if there is a downturn). After a year of 9.3% losses, last week's 8.1% gain would be welcomed by institutional investors as a possible sign that returns might start trending higher. Let's delve deeper into each type of owner of Universal Display, beginning with the chart below. Check out our latest analysis for Universal Display Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Universal Display does have institutional investors; and they hold a good portion of the company's stock. This implies the analysts working for those institutions have looked at the stock and they like it. But just like anyone else, they could be wrong. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Universal Display's historic earnings and revenue below, but keep in mind there's always more to the story. Investors should note that institutions actually own more than half the company, so they can collectively wield significant power. Universal Display is not owned by hedge funds. Looking at our data, we can see that the largest shareholder is BlackRock, Inc. with 11% of shares outstanding. For context, the second largest shareholder holds about 9.7% of the shares outstanding, followed by an ownership of 5.3% by the third-largest shareholder. Additionally, the company's CEO Steven Abramson directly holds 0.5% of the total shares outstanding. A closer look at our ownership figures suggests that the top 16 shareholders have a combined ownership of 50% implying that no single shareholder has a majority. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of an insider can differ slightly between different countries, but members of the board of directors always count. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. We can see that insiders own shares in Universal Display Corporation. It is a pretty big company, so it is generally a positive to see some potentially meaningful alignment. In this case, they own around US$142m worth of shares (at current prices). Most would say this shows alignment of interests between shareholders and the board. Still, it might be worth checking if those insiders have been selling. The general public, who are usually individual investors, hold a 13% stake in Universal Display. While this size of ownership may not be enough to sway a policy decision in their favour, they can still make a collective impact on company policies. It's always worth thinking about the different groups who own shares in a company. But to understand Universal Display better, we need to consider many other factors. I like to dive deeper into how a company has performed in the past. You can find historic revenue and earnings in this detailed graph. Ultimately the future is most important. You can access this free report on analyst forecasts for the company. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
09-05-2025
- Business
- Business Wire
Universal Display Corporation to Exhibit and Present at SID Display Week 2025
BUSINESS WIRE)-- Universal Display Corporation (UDC) (Nasdaq: OLED), enabling energy-efficient displays and lighting with its UniversalPHOLED ® technology and materials, today announced that the Company will exhibit and present at the Society for Information Display (SID) Display Week 2025, a globally recognized symposium and exhibition spotlighting the latest in electronic display and imaging technology, being held May 11-16 in San Jose, California. 'We are pleased to participate in Display Week 2025 and showcase our Company's breakthroughs and accomplishments in advancing the forefront of OLED materials and technologies,' said Steven V. Abramson, President and Chief Executive Officer of Universal Display Corporation. 'At this year's event, we will highlight how our broadening portfolio of OLED technologies and phosphorescent materials are driving forward new levels of display energy efficiency and lifetime. Our longstanding track record of delivering cutting-edge and next-gen innovations is built on decades of pushing boundaries, industry leadership and unparalleled OLED expertise and know-how. From our early inventions of stacked OLED (also referred to in the industry as 'tandem'), flexible OLED (FOLED), and transparent OLED (TOLED), to the trailblazing discovery of triplet emission, to our current R&D initiatives, including our proprietary Plasmonic PHOLED device architecture, we are innovators elevating OLED performance to new heights. We invite attendees to visit booth #323 and see how our pioneering work is continuing to support the growing OLED industry.' SID Display Week's Symposium will include a variety of technical and business events featuring UDC, including: SID/DSCC Business Conference, where Dr. Mike Hack will present on Energy Efficient Phosphorescent OLEDs for a Sustainable Tomorrow on Tuesday, May 13, at 2:45 p.m. PT Session 13: OLED Devices II, where Dr. Haonan Zhao will present his UDC-sponsored research at the University of Michigan on Closing the Reliability Gap Between Blue and Green Phosphorescent Organic Light-Emitting Devices Using the Double-Sided Polariton-Enhanced Purcell Effect on Tuesday, May 13, 2025, at 3:00 p.m. PT Session 20: OLED Common Layer Materials, where Dr. Nicholas Thompson will be the Session Chair on Tuesday, May 13, 2025, at 3:40 p.m. PT Session 50: Automotive Display Performance Improvements, where Dr. Eric Margulies will be the Session Chair on Thursday, May 15, 2025, at 9:00 a.m. PT Session 70: Reliable Oxide TFTs, where Dr. Mike Hack will be the Session Chair on Thursday, May 15, 2025, at 3:10 p.m. PT Poster Session: Dr. Haonan Zhao, will present a poster on his UDC-sponsored research at the University of Michigan, Enhancing the Stability of Deep Blue Phosphor-Sensitized Fluorescent OLED Using Polariton-Enhanced Purcell Effect, on Thursday, May 15, 2025, at 4:30 p.m. PT About Universal Display Corporation Universal Display Corporation (Nasdaq: OLED) is a leader in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. Founded in 1994 and with subsidiaries and offices around the world, the Company currently owns, exclusively licenses or has the sole right to sublicense more than 6,500 patents issued and pending worldwide. Universal Display licenses its proprietary technologies, including its breakthrough high-efficiency UniversalPHOLED® phosphorescent OLED technology that can enable the development of energy-efficient and eco-friendly displays and solid-state lighting. The Company also develops and offers high-quality, state-of-the-art UniversalPHOLED materials that are recognized as key ingredients in the fabrication of OLEDs with peak performance. In addition, Universal Display delivers innovative and customized solutions to its clients and partners through technology transfer, collaborative technology development and on-site training. To learn more about Universal Display Corporation, please visit Universal Display Corporation and the Universal Display Corporation logo are trademarks or registered trademarks of Universal Display Corporation. All other Company, brand or product names may be trademarks or registered trademarks. All statements in this document that are not historical, such as those relating to the projected adoption, development and advancement of the Company's technologies, and the Company's expected results, as well as the growth of the OLED market and the Company's opportunities in that market, are forward-looking financial statements within the meaning of the Private Securities Litigation Reform Act of 1995. You are cautioned not to place undue reliance on any forward-looking statements in this document, as they reflect Universal Display Corporation's current views with respect to future events and are subject to risks and uncertainties that could cause actual results to differ materially from those contemplated. These risks and uncertainties are discussed in greater detail in Universal Display Corporation's periodic reports on Form 10-K and Form 10-Q filed with the Securities and Exchange Commission, including, in particular, the section entitled 'Risk Factors' in Universal Display Corporation's Annual Report on Form 10-K for the year ended December 31, 2024. Universal Display Corporation disclaims any obligation to update any forward-looking statement contained in this document. X Facebook YouTube (OLED-C)
Yahoo
01-05-2025
- Business
- Yahoo
Universal Display (NASDAQ:OLED) Surprises With Q1 Sales But Inventory Levels Increase
OLED provider Universal Display (NASDAQ:OLED) announced better-than-expected revenue in Q1 CY2025, but sales were flat year on year at $166.3 million. The company expects the full year's revenue to be around $670 million, close to analysts' estimates. Its GAAP profit of $1.35 per share was 25.4% above analysts' consensus estimates. Is now the time to buy Universal Display? Find out in our full research report. Revenue: $166.3 million vs analyst estimates of $155.6 million (flat year on year, 6.8% beat) EPS (GAAP): $1.35 vs analyst estimates of $1.08 (25.4% beat) The company reconfirmed its revenue guidance for the full year of $670 million at the midpoint Operating Margin: 41.9%, up from 38% in the same quarter last year Free Cash Flow Margin: 10.5%, down from 39.3% in the same quarter last year Inventory Days Outstanding: 471, up from 422 in the previous quarter Market Capitalization: $5.98 billion 'We began 2025 on a solid financial note and continue to remain confident in the long-term growth trajectory of the OLED market. At the same time, we recognize the increasing complexity and uncertainty of the global landscape. In this environment, we are committed to our long-term strategy of advancing our leadership through the continuous invention, development and delivery of state-of-the-art OLED technologies and materials. With a powerful innovation engine, strong balance sheet, resilient supply chain, and operational agility, we are well-positioned to adapt to change, respond swiftly and continue supporting our customers and partners,' said Brian Millard, Vice President and Chief Financial Officer of Universal Display Corporation. Serving major consumer electronics manufacturers, Universal Display (NASDAQ:OLED) is a provider of organic light emitting diode (OLED) technologies used in display and lighting applications. A company's long-term sales performance can indicate its overall quality. Any business can put up a good quarter or two, but the best consistently grow over the long haul. Luckily, Universal Display's sales grew at a decent 8.6% compounded annual growth rate over the last five years. Its growth was slightly above the average semiconductor company and shows its offerings resonate with customers. Semiconductors are a cyclical industry, and long-term investors should be prepared for periods of high growth followed by periods of revenue contractions. Long-term growth is the most important, but short-term results matter for semiconductors because the rapid pace of technological innovation (Moore's Law) could make yesterday's hit product obsolete today. Universal Display's recent performance shows its demand has slowed as its annualized revenue growth of 4.3% over the last two years was below its five-year trend. This quarter, Universal Display's $166.3 million of revenue was flat year on year but beat Wall Street's estimates by 6.8%. Looking ahead, sell-side analysts expect revenue to grow 5.2% over the next 12 months, similar to its two-year rate. This projection doesn't excite us and implies its newer products and services will not accelerate its top-line performance yet. At least the company is tracking well in other measures of financial health. Here at StockStory, we certainly understand the potential of thematic investing. Diverse winners from Microsoft (MSFT) to Alphabet (GOOG), Coca-Cola (KO) to Monster Beverage (MNST) could all have been identified as promising growth stories with a megatrend driving the growth. So, in that spirit, we've identified a relatively under-the-radar profitable growth stock benefiting from the rise of AI, available to you FREE via this link. Days Inventory Outstanding (DIO) is an important metric for chipmakers, as it reflects a business' capital intensity and the cyclical nature of semiconductor supply and demand. In a tight supply environment, inventories tend to be stable, allowing chipmakers to exert pricing power. Steadily increasing DIO can be a warning sign that demand is weak, and if inventories continue to rise, the company may have to downsize production. This quarter, Universal Display's DIO came in at 471, which is 70 days above its five-year average, suggesting that the company's inventory has grown to higher levels than we've seen in the past. We were impressed by how significantly Universal Display blew past analysts' EPS expectations this quarter. We were also glad its revenue outperformed Wall Street's estimates. On the other hand, its inventory levels materially increased. Overall, we think this was still a solid quarter with some key areas of upside. The stock traded up 2.9% to $145 immediately following the results. Universal Display had an encouraging quarter, but one earnings result doesn't necessarily make the stock a buy. Let's see if this is a good investment. We think that the latest quarter is just one piece of the longer-term business quality puzzle. Quality, when combined with valuation, can help determine if the stock is a buy. We cover that in our actionable full research report which you can read here, it's free.
