Universal Display Corp. ( (OLED) ) has released its Q1 earnings. Here is a breakdown of the information Universal Display Corp. presented to its investors.
Universal Display Corporation is a leading company in the research, development, and commercialization of organic light-emitting diode (OLED) technologies and materials, primarily serving the display and solid-state lighting industries. The company is renowned for its high-efficiency UniversalPHOLED® technology, which promotes energy-efficient and eco-friendly display and lighting solutions.
In its first-quarter 2025 financial results, Universal Display Corporation reported a stable revenue of $166.3 million, slightly up from $165.3 million in the same quarter of the previous year. The company highlighted its commitment to long-term growth in the OLED market despite the complexities of the global economic landscape.
Key financial metrics showed a mixed performance, with material sales revenue decreasing to $86.2 million from $93.3 million due to lower unit material volume, while revenue from royalty and license fees increased to $73.6 million. The company’s operating income rose to $69.7 million, and net income improved to $64.4 million or $1.35 per diluted share, reflecting a positive trend compared to the previous year.
Looking ahead, Universal Display Corporation maintains its revenue guidance for 2025, projecting a range between $640 million and $700 million. The company also declared a second-quarter cash dividend of $0.45 per share, indicating confidence in its financial stability and commitment to shareholder returns.