Universal Display Corporation (OLED): The Phosphorescent Blue Innovation, Commercialization & Other Critical Growth Catalysts! 

Universal Display Corporation has reported record financial performance for 2024, with revenues reaching $648 million, an increase of 12% from the previous year. The revenue growth was driven by material sales amounting to $365 million and royalty and license revenues of $267 million. The company achieved a net income of $222 million or $4.65 per diluted share, although earnings per share were partially offset by restructuring costs related to the closure of its OVJP California location and foreign currency exchange losses.