OLED Q1 2022 Earnings — Universal Display Corporation Revenue & Financial Results | Market Cap Arena

OLEDUniversal Display Corporation

$5B

Q1 2022 Earnings

Technology Semiconductors

Income Statement

Revenue

$150M+12.3% YoY

Gross Profit

$117M78.0% margin

Operating Income

$62M41.4% margin

Net Income

$50M33.0% margin

EPS (Diluted)

$1.05

QoQ Revenue Growth

+2.9%

Cash Flow

Operating Cash Flow

$53M

Free Cash Flow

$42M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.5B

Total Liabilities

$356M

Stockholders' Equity

$1.1B

Cash & Equivalents

$357M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$150M	$134M	+12.3%
Gross Profit	$117M	$111M	+6.0%
Operating Income	$62M	$64M	-2.1%
Net Income	$50M	$51M	-3.3%

Revenue Segments

Material Sales

$87M58%

Royalty And License Fees

$60M40%

Contract Research Services

$4M3%

Geographic Segments

KOREA, REPUBLIC OF

$90M60%

CHINA

$55M37%

UNITED STATES

$4M3%

JAPAN

$1M1%

Other Non U S

$300,0000%