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AI brief of an SEC Form 8-K · Universal Display (OLED)

Universal Display Q2 revenue rises to $146.6 million; 2023 revenue guidance narrowed

Positive Impact 4 of 5 earnings Written later

Universal Display reported second quarter 2023 revenue of $146.6 million, up from $136.6 million a year earlier, and net income of $49.7 million, or $1.04 per diluted share, versus $0.87 a year earlier. The company raised the lower end of its 2023 revenue guidance to a range of $560 million to $600 million, which indicates the full-year outlook is tracking closer to prior expectations.

Key points

  • Q2 2023 total revenue of $146.6 million vs. $136.6 million in Q2 2022; net income of $49.7 million, or $1.04 per diluted share, vs. $0.87
  • 2023 revenue guidance: $560 million to $600 million, with the lower end raised from the previous range
  • Third quarter cash dividend of $0.35 per share, payable September 29, 2023 to holders of record on September 15, 2023

The filing

CompanyUniversal Display (OLED)
Form8-K, current report
Filed with the SECAug 3, 2023, 4:08 PM ET
Accession number0000950170-23-037959

Items reported: 2.02 Results of Operations

Read the filing on SEC.gov ↗

Written by AI on Nov 8, 2026, 1:01 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on August 03, 2023.

Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.