OLED Q4 2023 Earnings — Universal Display Corporation Revenue & Financial Results | Market Cap Arena

OLEDUniversal Display Corporation

$5B

Q4 2023 Earnings

Technology Semiconductors

Income Statement

Revenue

$158M-6.3% YoY

Gross Profit

$122M77.2% margin

Operating Income

$65M40.9% margin

Net Income

$62M39.1% margin

EPS (Diluted)

$1.29

QoQ Revenue Growth

+12.2%

Cash Flow

Operating Cash Flow

$37M

Free Cash Flow

$29M

Stock-Based Comp.

$5M

Balance Sheet

Total Assets

$1.7B

Total Liabilities

$222M

Stockholders' Equity

$1.4B

Cash & Equivalents

$92M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$158M	$169M	-6.3%
Gross Profit	$122M	$139M	-12.0%
Operating Income	$65M	$83M	-22.1%
Net Income	$62M	$65M	-4.8%

Revenue Segments

Material Sales

$82M52%

Royalty And License Fees

$73M46%

Contract Research Services

$3M2%

Geographic Segments

KOREA, REPUBLIC OF

$87M55%

CHINA

$66M42%

UNITED STATES

$3M2%

JAPAN

$2M1%

Other Non U S

$555,0000%