Universal Display 2024 revenue rose to $647.7 million; fourth-quarter profit fell
Universal Display reported fourth-quarter and full-year 2024 results. Full-year revenue rose to $647.7 million from $576.4 million and diluted EPS rose to $4.65 from $4.24, while fourth-quarter net income fell to $46.0 million ($0.96 per diluted share) from $62.0 million ($1.29). The company guided 2025 revenue to $640 million to $700 million and declared a first-quarter 2025 dividend of $0.45 per share.
Key points
- Q4 2024 total revenue was $162.3 million versus $158.3 million in Q4 2023; diluted EPS was $0.96 versus $1.29.
- Q4 2024 included $8.9 million of restructuring costs tied to the planned closure of the OVJP California location and $6.7 million of foreign exchange losses, a combined $0.26 reduction in diluted EPS.
- Full-year 2024 net income was $222.1 million, or $4.65 per diluted share, versus $203.0 million, or $4.24, in 2023.
- 2025 revenue guidance is $640 million to $700 million; the first-quarter 2025 dividend is $0.45 per share, payable March 31, 2025 to holders of record on March 17, 2025.
The filing
Written by AI (Anthropic Claude, claude-haiku-5-5) on Nov 8, 2026, 1:01 AM ET, from the text of the filing and its press-release exhibits 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 February 20, 2025.
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