Sector: Technology | Industry: Semiconductors |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 250 Phillips Boulevard EWING NJ 08618 |
Tel: | 1-609-9645123 |
Website: | https://oled.com |
IR: | See website |
Key People | ||
Steven V. Abramson President, Chief Executive Officer, Director | Brian Millard Chief Financial Officer, Vice President, Treasurer | Julia J. Brown Executive Vice President, Chief Technology Officer |
Janice K. Mahon Senior Vice President - Technology Commercialization, General Manager - Commercial Sales Business | Mauro Premutico Senior Vice President - Planning, Chief Legal Officer, Secretary |
Business Overview |
Universal Display Corporation is engaged in the research, development and commercialization of organic light emitting diode (OLED) technologies and materials for use in display and solid-state lighting applications. OLED is an emitting light device which can be manufactured on both flexible and rigid substrates, helping make it suitable for use in full-color displays and as lighting products. OLED displays can be used in the mobile phone, television, monitor, wearable, tablet, notebook and personal computer, augmented reality (AR), virtual reality (VR), and automotive markets. Its PHOLED technologies allow OLEDs to emit light through a process called phosphorescence. It has an intellectual property portfolio surrounding its existing PHOLED technologies and materials for both displays and lighting products, which the Company markets under the UniversalPHOLED brand. The Company's additional OLED technologies include FOLED Flexible OLEDs and OVJP Organic Vapor Jet Printing. |
Financial Overview |
For the nine months ended 30 September 2024, Universal Display Corp revenues increased 16% to $485.4M. Net income applicable to common stockholders increased 25% to $175.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income benefited from Interest income, net increase of 48% to $30.1M (income), OTHER (EXPENSE) INCOME increase from $3.2M (expense) to $416K (income). |
Employees: | 456 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $6,404M as of Sep 30, 2024 |
Annual revenue (TTM): | $643.71M as of Sep 30, 2024 |
EBITDA (TTM): | $296.04M as of Sep 30, 2024 |
Net annual income (TTM): | $237.30M as of Sep 30, 2024 |
Free cash flow (TTM): | $144.06M as of Sep 30, 2024 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 47,461,408 as of Oct 28, 2024 |
Index Membership: | S&P 400 Mid Cap |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |