OLED Q3 2023 Earnings — Universal Display Corporation Revenue & Financial Results | Market Cap Arena

OLEDUniversal Display Corporation

$5B

Q3 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$141M-12.1% YoY

Gross Profit

$107M75.7% margin

Operating Income

$48M34.3% margin

Net Income

$52M36.5% margin

EPS (Diluted)

$1.08

QoQ Revenue Growth

-3.7%

Cash Flow

Operating Cash Flow

$60M

Free Cash Flow

$35M

Stock-Based Comp.

$7M

Balance Sheet

Total Assets

$1.6B

Total Liabilities

$241M

Stockholders' Equity

$1.4B

Cash & Equivalents

$79M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$141M	$161M	-12.1%
Gross Profit	$107M	$123M	-13.3%
Operating Income	$48M	$68M	-29.3%
Net Income	$52M	$53M	-3.1%

Revenue Segments

Material Sales

$92M66%

Royalty And License Fees

$46M33%

Contract Research Services

$3M2%

Geographic Segments

KOREA, REPUBLIC OF

$87M62%

CHINA

$49M35%

UNITED STATES

$3M2%

JAPAN

$2M1%

Other Non U S

$541,0000%