Universal Display (OLED) Tops Q4 EPS by 16c, provides guidance and decalres dividend

Universal Display (NASDAQ: OLED) reported Q4 EPS of $1.29, $0.16 better than the analyst estimate of $1.13. Revenue for the quarter came in at $158.3 million versus the consensus estimate of $159.61 million.

GUIDANCE:

Universal Display sees FY2024 revenue of $625-675 million, versus the consensus of $668.7 million.

Dividend:

The Company also announced a first quarter cash dividend of $0.40 per share on the Company’s common stock. The dividend is payable on March 29, 2024 to all shareholders of record as of the close of business on March 15, 2024.

For earnings history and earnings-related data on Universal Display (OLED) click here.

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