Universal Display Corporation - Common Stock (OLED)
155.87
-3.87 (-2.42%)
Universal Display Corporation is a leading innovator in the field of organic light-emitting diode (OLED) technology
The company specializes in developing and manufacturing advanced OLED materials and technologies used in displays and lighting applications. Their systems are crucial for enhancing the visual quality of electronic devices such as smartphones, televisions, and various other consumer electronics. With a strong commitment to sustainability and energy efficiency, Universal Display is at the forefront of pushing the boundaries of display technology, facilitating the widespread adoption of OLED solutions across multiple industries.
As the Q4 earnings season comes to a close, it’s time to take stock of this quarter’s best and worst performers in the analog semiconductors industry, including Universal Display (NASDAQOLED) and its peers.
Based on a technical and fundamental analysis of NASDAQ:OLED we can say: UNIVERSAL DISPLAY CORP (NASDAQOLED), a strong growth stock, setting up for a breakout.
Universal Display’s revenue surged in 2024 due to stronger demand for its emitter materials. In contrast, the company’s income from royalty and licensing declined to $64.4 million during the quarter, compared to $72.9 million a year ago.
OLED provider Universal Display (NASDAQOLED) reported revenue ahead of Wall Street’s expectations in Q4 CY2024, with sales up 2.5% year on year to $162.3 million. On the other hand, the company’s full-year revenue guidance of $670 million at the midpoint came in 6.4% below analysts’ estimates. Its GAAP profit of $0.96 per share was 10.8% below analysts’ consensus estimates.
Based on a technical and fundamental analysis of NASDAQ:OLED we ask: Why UNIVERSAL DISPLAY CORP (NASDAQOLED) Is a Promising High-Growth Stock in the Midst of Consolidation.
Shareholders of Universal Display would probably like to forget the past six months even happened. The stock dropped 31.2% and now trades at $150. This was partly due to its softer quarterly results and might have investors contemplating their next move.
As the craze of earnings season draws to a close, here’s a look back at some of the most exciting (and some less so) results from Q3. Today, we are looking at analog semiconductors stocks, starting with Universal Display (NASDAQOLED).
OLED provider Universal Display (NASDAQOLED) missed Wall Street’s revenue expectations in Q3 CY2024, but sales rose 14.6% year on year to $161.6 million. The company’s full-year revenue guidance of $635 million at the midpoint also came in 4.2% below analysts’ estimates. Its GAAP profit of $1.40 per share was 16.6% above analysts’ consensus estimates.
