Universal Display (OLED) Earnings Exceed Expectations with 1Q Revenue of $166.3M and EPS of $1.35

Universal Display on Smartkarma

Universal Display Corporation has garnered positive analyst coverage on Smartkarma, with reports from Baptista Research highlighting key aspects of the company’s performance. In the report titled “Universal Display Corporation (OLED): The Phosphorescent Blue Innovation,” favorable sentiment is expressed towards the company’s record financial performance in 2024. With revenues reaching $648 million, Universal Display saw a 12% increase driven by strong material sales and royalty revenues. Despite facing challenges such as restructuring costs and foreign exchange losses, the company achieved a net income of $222 million.

In another report by Baptista Research titled “Universal Display Corporation (OLED): Increased Penetration in the Foldable & Flexible Display Market & Other Major Drivers,” Universal Display‘s third-quarter earnings are discussed. The company demonstrated growth with revenue reaching $162 million, up from $141 million in the same quarter the previous year. The net income of $67 million translated to earnings per diluted share of $1.40, showcasing a mix of positive developments and challenges in the foldable and flexible display market segment.

A look at Universal Display Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

An investment analyst’s assessment of the long-term outlook for Universal Display Corporation, based on Smartkarma Smart Scores, indicates a favorable future for the company. With a strong score of 4 for Growth and Resilience, Universal Display is positioned for robust expansion and is well-equipped to weather market uncertainties. The company’s focus on developing high-resolution, full-color OLED technology aligns with market trends towards advanced display solutions, contributing to its positive outlook.

While Universal Display‘s Value and Dividend scores are moderate at 3 and 2, respectively, its Momentum score of 3 suggests a steady upward trajectory in performance. Overall, the company’s strategic position within the display technology sector, coupled with its solid growth and resilience scores, indicates a promising future for Universal Display Corporation in the long term.

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