Financial Data and Key Metrics Changes - The company reported significant financial results for Q1 2022, with specific metrics to be detailed later in the call [4]. Business Line Data and Key Metrics Changes - Detailed performance across various business lines will be discussed, highlighting any notable changes in revenue or profitability [4]. Market Data and Key Metrics Changes - The company will provide insights into market performance, including any shifts in demand or competitive positioning [4]. Company Strategy and Development Direction and Industry Competition - Management will outline the strategic direction of the company, including any initiatives aimed at enhancing competitive advantage within the industry [4]. Management's Comments on Operating Environment and Future Outlook - The management team will share their perspectives on the current operating environment and future growth prospects, addressing any potential challenges [4]. Other Important Information - The call will include important disclosures regarding forward-looking statements and associated risks, emphasizing the need for caution in interpreting future performance [5]. Q&A Session All Questions and Answers Question: What are the expectations for revenue growth in the upcoming quarters? - Management will address anticipated revenue trends and factors influencing growth in the near term [4]. Question: How is the company positioned against competitors in the OLED market? - Insights will be provided on competitive positioning and strategies to maintain market leadership [4]. Question: What are the key risks identified for the business moving forward? - The management will discuss identified risks and the company's approach to mitigating them [4].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission File Number 1-12031 UNIVERSAL DISPLAY CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 2 ...

Financial Data and Key Metrics Changes - In 2021, the company reported record revenue of $554 million, an increase of 29% year-over-year, with operating income of $228 million and net income of $184 million, translating to $3.087 per diluted share [7][30] - For Q4 2021, revenue was $146 million, operating income was $56 million, and net income was $46 million or $0.96 per diluted share [8][39] - The company expects 2022 revenues to be in the range of $625 million to $650 million, indicating continued growth in the OLED industry [9][40] Business Line Data and Key Metrics Changes - Material sales in 2021 were $319 million, up 39% year-over-year, while royalty and license revenues were $219 million, up 18% year-over-year [30] - In Q4 2021, total material sales were $85.8 million, up 13% sequentially and up 37% year-over-year [33] - Green emitter sales in Q4 2021 were $66.7 million, up 15% sequentially and up 38% year-over-year [34] Market Data and Key Metrics Changes - The OLED penetration in the smartphone market reached 50%, while it remains at only 2% in the IT market and 3% in the TV market [23] - LG Display plans to increase its OLED TV shipments to almost 10 million units in 2022, up from slightly under 8 million units in 2021 [20] - The installed base of OLED square meter capacity increased by approximately 40% over year-end 2019 [24] Company Strategy and Development Direction - The company is focused on expanding its OLED emitter production capacity and establishing a new manufacturing site in Shannon, Ireland [11] - The strategic initiatives include advancing next-generation materials and technologies, particularly in the OVJP manufacturing platform [15][16] - The company aims to leverage its first-mover advantage in the OLED ecosystem to strengthen its growth runway [10] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the OLED industry's growth, driven by increased adoption across various consumer products [8] - The company anticipates that the commercial introduction of its full-color emissive stack will unlock new opportunities for higher energy efficiency across OLED applications [18] - Management acknowledged potential risks related to supply chain issues and component shortages affecting customer production [73] Other Important Information - The company achieved ISO 45001 certification in 2021, reinforcing its commitment to occupational health and safety management [14] - A quarterly cash dividend of $0.30 per share was approved, reflecting confidence in future growth opportunities [43] Q&A Session Summary Question: Insights on blue phosphorescent materials commercialization - Management indicated that while some phosphorescent blue materials are currently being sold, significant revenue impact is expected only upon commercial launch in 2024 [52] Question: Recent advancements in blue materials - Management highlighted improvements in color point lifetime and efficiency, providing confidence in meeting target specifications [58] Question: Revenue outlook and deferred revenue implications - Management clarified that deferred revenue is no longer predominantly tied to the largest customer, indicating a more diversified customer base [62] Question: Risks associated with supply constraints - Management acknowledged ongoing risks related to component shortages and COVID-19 impacts on customer production [73] Question: Potential for growth in IT market - Management noted that the IT market represents a significant opportunity, with only 2% OLED penetration currently [83]

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission File Number 1-12031 UNIVERSAL DISPLAY CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 23-237 ...

Universal Display Corporation (NASDAQ:OLED) Q3 2021 Earnings Conference Call November 4, 2021 5:00 PM ET Company Participants Darice Liu - Investor Relations Steven Abramson - President, Chief Executive Officer and Director Sidney Rosenblatt - Executive Vice President, Chief Financial Officer, Treasurer, Secretary and Director Conference Call Participants C.J. Muse - Evercore ISI Sidney Ho - Deutsche Bank Krish Sankar - Cowen and Company Jim Ricchiuti - Needham and Company Shannon Cross - Cross Research Mar ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission File Number 1-12031 UNIVERSAL DISPLAY CORPORATION (Exact name of registrant as specified in its charter) | Pennsylv ...

Universal Display Corp (NASDAQ:OLED) Q2 2021 Earnings Conference Call August 5, 2021 5:00 PM ET Company Participants Darice Liu - Director, IR & Corporate Communications Steven Abramson - President, CEO & Director Sidney Rosenblatt - EVP, CFO, Treasurer, Secretary & Director Conference Call Participants Krish Sankar - Cowen and Company Christopher Muse - Evercore ISI Sidney Ho - Deutsche Bank Atif Malik - Citigroup Shannon Cross - Cross Research Brian Lee - Goldman Sachs Group Operator Good day, ladies and ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ___________ Commission File Number 1-12031 UNIVERSAL DISPLAY CORPORATION (Exact name of registrant as specified in its charter) Pennsylvania 23 ...

> UNIVERSAL DISPLAY CORPORATION OLED Investor Presentation 2Q 2021 (updated: May 2021) © UNIVERSAL DISPLAY CORPORATION 2021 ALL RIGHTS RESERVED © UNIVERSAL DISPLAY CORPORATION 2020 ALL RIGHTS RESERVED Forward- Looking Statements All statements in this document that are not historical, such as those relating to the Company's technologies and potential applications of those technologies, the Company's expected results and future declaration of dividends, as well as the growth of the OLED market and the Compan ...

Universal Display Corporation (NASDAQ:OLED) Q1 2021 Earnings Conference Call May 6, 2021 5:00 PM ET Company Participants Darice Liu - Director, Investor Relations Steve Abramson - President and CEO Sid Rosenblatt - Executive Vice President and CFO Conference Call Participants Brian Lee - Goldman Sachs Krish Sankar - Cowen and Company Mehdi Hosseini - SIG C.J. Muse - Evercore ISI Shannon Cross - Cross Research Sidney Ho - Deutsche Bank Operator Good day, ladies and gentlemen. And welcome to Universal Display ...