Universal Display Corporation


SKU: OLED Category:


Universal Display Corporation managed to exceed the revenue expectations as well as the earnings expectations of Wall Street. The company announced $147 million in revenue, $59 million in operating profit, and $50 million in net income, or $1.04 per diluted share, for the second quarter of 2023. The strong momentum is anticipated to continue as they enter the second half of the year. Universal Display’s revenue guidance range for the year has been reduced from $560 million to $600 million. In the second quarter, the company celebrated the launch of its Shannon, Ireland facility with its long-standing partner of more than two decades, PPG. This new location, which will create RGB phosphorescent materials, is a significant infrastructure investment for the future of the OLED sector. The company also continues to make progress in its OVJP platform. With the introduction of the innovative fully printed, HD RGB side-by-side PHOLED stock with performance equivalent to vacuum thermal evaporation, they are happy to announce another OVJP milestone. This noteworthy accomplishment places OVJP in a position to be a full deposition solution for OLED TVs.

Our Report Structure:

⦁ Company Overview
⦁ Investment Thesis
⦁ Key Drivers
⦁ Historical Quarterly Statement Analysis – Income Statement & Cash Flows
⦁ Historical Quarterly Balance Sheet Analysis
⦁ Historical Annual Financial Statement Analysis
⦁ Analysis Of Key Financial Ratios
⦁ Financial Forecasts For 3 Years
⦁ Forecasting The Capital Structure & Net Debt
⦁ Discounted Cash Flow Valuation
⦁ Trading Multiples
⦁ Key Risks
⦁ Disclosures

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