OLED Q2 2024 Earnings — Universal Display Corporation Revenue & Financial Results | Market Cap Arena

OLEDUniversal Display Corporation

$5B

Q2 2024 Earnings

Technology Semiconductors

Income Statement

Revenue

$159M+8.1% YoY

Gross Profit

$120M75.8% margin

Operating Income

$56M35.6% margin

Net Income

$52M33.0% margin

EPS (Diluted)

$1.10

QoQ Revenue Growth

-4.1%

Cash Flow

Operating Cash Flow

$67M

Free Cash Flow

$58M

Stock-Based Comp.

$9M

Balance Sheet

Total Assets

$1.8B

Total Liabilities

$250M

Stockholders' Equity

$1.5B

Cash & Equivalents

$93M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$159M	$147M	+8.1%
Gross Profit	$120M	$114M	+5.0%
Operating Income	$56M	$59M	-3.8%
Net Income	$52M	$50M	+5.4%

Revenue Segments

Material Sales

$95M60%

Royalty And License Fees

$60M38%

Contract Research Services

$4M2%

Geographic Segments

KOREA, REPUBLIC OF

$108M68%

CHINA

$45M29%

UNITED STATES

$4M2%

JAPAN

$1M1%

Other Non U S

$273,0000%