NASDAQ$OLED
Universal Display Corp · Q4 2019 earnings
Q4 2019 earnings · · Investor relations
Briefing
Universal Display's Q4 2019 earnings exceeded expectations, driven by robust growth in material sales and royalty and license fees.
Universal Display Corporation reported record financial results for Q4 2019, with total revenue reaching $101.7 million, a significant increase compared to $70.1 million in Q4 2018. The company's net income also rose to $26.4 million, or $0.56 per diluted share, compared to $19.2 million, or $0.40 per diluted share, in the same period last year. The strong performance was attributed to the continued proliferation of OLEDs in smartphones, TVs, wearables, and early commercial headway into the IT and automotive markets.
- Total revenue increased to $101.7 million from $70.1 million year-over-year.
- Material sales grew to $60.8 million compared to $39.9 million in the prior year.
- Royalty and license fees rose to $37.8 million from $25.9 million year-over-year.
- Net income increased to $26.4 million, or $0.56 per diluted share, compared to $19.2 million, or $0.40 per diluted share, in the prior year.
Headline financials
Revenue & EPS history
Universal Display · Revenue · Quarterly
$102M
Revenue by segment
Universal Display · $102M total across 3 segments · Q4 2019
- Material sales$60.8M+52.3%59.7%
- Royalty and license fees$37.8M+46.0%37.2%
- Contract research services$3.18M-27.4%3.1%
Forward guidance
The Company believes that its 2020 revenue will be approximately in the range of $430 million to $470 million.
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q4 2019
+2.4%
Avg return
Earnings day
+1.2%
Avg return
5 days after
+1.4%
Avg return
30 days after
57%
37 / 65 earnings
Positive
+23.0%
Q1 2017
Best reaction
-27.9%
Q3 2012
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | +10.6% | +7.9% | +5.7% | |
| Q4 2025 | -11.2% | -9.4% | -19.1% | |
| Q3 2025 | -7.7% | -10.7% | -10.4% | |
| Q1 2025 | +1.8% | +1.5% | +1.5% | |
| Q4 2024 | +6.8% | +9.7% | +0.8% | |
| Q3 2024 | -15.7% | -16.0% | -23.1% | |
| Q2 2024 | -22.6% | -24.5% | -13.0% | |
| Q1 2024 | +11.9% | +14.8% | +15.1% | |
| Q4 2023 | -6.5% | -8.0% | -9.6% | |
| Q3 2023 | +7.3% | +10.2% | +28.6% | |
| Q2 2023 | +12.7% | +14.4% | +17.0% | |
| Q1 2023 | +3.0% | +6.3% | +13.1% | |
| Q4 2022 | +7.3% | +6.0% | +14.0% | |
| Q3 2022 | +7.0% | +9.2% | +19.6% | |
| Q2 2022 | +3.7% | -3.4% | -11.8% | |
| Q1 2022 | -4.7% | -12.3% | -11.6% | |
| Q4 2021 | +20.1% | +14.0% | +24.1% | |
| Q3 2021 | -5.7% | -6.3% | -21.8% | |
| Q2 2021 | -9.7% | -11.7% | -9.7% | |
| Q1 2021 | +0.6% | -9.1% | -2.2% | |
| Q4 2020 | -6.2% | -12.6% | -4.2% | |
| Q3 2020 | +4.2% | +4.5% | +17.9% | |
| Q2 2020 | -1.9% | -3.0% | -9.6% | |
| Q1 2020 | +2.7% | +1.1% | +12.6% | |
| Q4 2019 | -2.6% | -13.6% | -36.3% | |
| Q3 2019 | +14.4% | +15.2% | +11.0% | |
| Q2 2019 | -2.6% | -2.8% | -2.7% | |
| Q1 2019 | +8.3% | +8.8% | -6.6% | |
| Q4 2018 | +22.5% | +21.4% | +29.7% | |
| Q3 2018 | -16.2% | -20.3% | -25.3% | |
| Q2 2018 | +12.6% | +16.7% | +21.7% | |
| Q1 2018 | +11.3% | +7.3% | +8.4% | |
| Q4 2017 | -16.2% | -16.4% | -32.4% | |
| Q3 2017 | +10.8% | +17.4% | +23.8% | |
| Q2 2017 | -2.1% | -1.7% | +5.7% | |
| Q1 2017 | +23.0% | +25.7% | +29.4% | |
| Q4 2016 | +13.7% | +19.1% | +17.1% | |
| Q3 2016 | +5.3% | +10.3% | +5.9% | |
| Q2 2016 | -10.2% | -13.5% | -20.2% | |
| Q1 2016 | -0.9% | — | — | |
| Q4 2015 | -12.8% | — | — | |
| Q3 2015 | +11.1% | — | — | |
| Q2 2015 | -9.9% | — | — | |
| Q1 2015 | +11.2% | — | — | |
| Q4 2014 | -3.3% | — | — | |
| Q3 2014 | -7.4% | — | — | |
| Q2 2014 | -2.4% | — | — | |
| Q1 2014 | +16.4% | — | — | |
| Q4 2013 | +1.3% | — | — | |
| Q3 2013 | +22.1% | — | — | |
| Q2 2013 | +11.3% | — | — | |
| Q1 2013 | -16.9% | — | — | |
| Q4 2009 | +10.5% | — | — | |
| Q4 2012 | -0.9% | — | — | |
| Q3 2012 | -27.9% | — | — | |
| Q2 2012 | +15.2% | — | — | |
| Q1 2012 | -9.6% | — | — | |
| Q1 2011 | -9.6% | — | — | |
| Q4 2011 | -2.0% | — | — | |
| Q3 2010 | +5.1% | — | — | |
| Q3 2011 | +5.1% | — | — | |
| Q2 2011 | +19.5% | — | — | |
| Q2 2010 | +19.5% | — | — | |
| Q4 2010 | +19.5% | — | — | |
| Q1 2010 | +14.3% | — | — |
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