Detail akcie Univ Display online

Business Summary: 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 Summary: BRIEF: For the nine months ended 30 September 2024, Universal Display Corporation 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).