NASDAQ$OLED
Universal Display Corp · Q4 2020 earnings
Q4 2020 earnings · · Investor relations
Briefing
Universal Display reported strong Q4 2020 results, marked by record quarterly revenue and significant growth in royalty and license fees.
Universal Display Corporation reported record quarterly revenue of $141.5 million in Q4 2020, a significant increase from $101.7 million in Q4 2019. The company's net income also rose to $53.9 million, or $1.13 per diluted share, compared to $26.4 million, or $0.56 per diluted share, in the same quarter of the previous year. Growth was primarily driven by an increase in royalty and license fees.
- Total revenue reached $141.5 million, up from $101.7 million year-over-year.
- Material sales revenue was $62.5 million, slightly up from $60.8 million year-over-year.
- Royalty and license fees revenue significantly increased to $75.0 million from $37.8 million year-over-year.
- Net income increased to $53.9 million, or $1.13 per diluted share, compared to $26.4 million, or $0.56 per diluted share, year-over-year.
Headline financials
Revenue & EPS history
Universal Display · Revenue · Quarterly
$142M
Revenue by segment
Universal Display · $142M total across 3 segments · Q4 2020
- Royalty and license fees$75M+98.5%53.0%
- Material sales$62.5M+2.9%44.2%
- Contract research services$3.96M+24.6%2.8%
Forward guidance
The company anticipates 2021 revenue to be approximately in the range of $530 million to $560 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 2020
+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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