Every material Form 8-K Universal Display filed with the SEC in 2023, read and summarized by AI: what happened, the key figures, whether it reads positive or negative for shareholders, and how big a deal it is (impact 1-5). Newest first; each brief links to its own page and to the filing on SEC.gov.
Universal Display reported third-quarter 2023 revenue of $141.1 million, down from $160.6 million a year earlier, and net income of $51.5 million, or $1.08 per diluted share, versus $53.5 million, or $1.12, in the prior-year quarter. The company revised its 2023 revenue guidance to a range of $565 million to $590 million and declared a fourth-quarter cash dividend of $0.35 per share.
Q3 2023 total revenue was $141.1 million, compared with $160.6 million in Q3 2022; royalty and license fees fell to $45.9 million from $71.5 million
Q3 2023 operating income was $48.4 million, compared with $68.5 million; net income was $51.5 million, or $1.08 per diluted share
2023 revenue is now expected to be in the range of $565 million to $590 million
Fourth-quarter dividend of $0.35 per share is payable December 29, 2023, to holders of record on December 15, 2023
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.
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
Briefs are written by AI from the filing text (each brief's own page names the model) and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the model's reading of the filing for shareholders, not a price forecast. Not investment advice.
Only material 8-Ks get a brief: results, deals, executive changes, restructuring, impairments, delisting notices, restatements, cybersecurity incidents and other disclosed events. Routine filings (vote results, exhibits only) are skipped. Every Universal Display filing is on SEC EDGAR ↗. 8-K briefs of other companies →