Earnings ·
Universal Display Corporation reported second quarter 2026 financial results with total revenue of $152.2 million, a…
OLEDUniversal Display Corp \PA\
Universal Display Corporation reported second quarter 2026 financial results with total revenue of $152.2 million, a decline from $171.8 million in the prior year period. Net income fell to $49.4 million, or $1.06 per diluted share, compared to $67.3 million, or $1.41 per diluted share, previously. The company announced a third quarter 2026 cash dividend of $0.50 per share, payable on September 30, 2026, to shareholders of record as of September 16, 2026. Additionally, Universal Display revised its full-year 2026 revenue guidance downward to the lower end of the previous range of $630 million to $670 million. The company operates in the technology sector, specializing in the research, development, and commercialization of organic light emitting diode (OLED) technologies and materials.