Universal Display(US:OLED) ZACKS·2025-05-13 14:22Core Insights - Universal Display Corp. (OLED) has a significant reliance on international markets for its revenue, which is essential for assessing its financial resilience and growth prospects [2][3]. International Revenue Performance - The total revenue for the quarter ended March 2025 was $166.28 million, reflecting a 0.6% increase [4]. - South Korea generated $87.33 million, accounting for 52.52% of total revenue, which was an 8.06% miss compared to the consensus estimate of $94.99 million [5]. - China contributed $71.09 million, representing 42.75% of total revenue, exceeding expectations by 32.73% as analysts had forecasted $53.56 million [6]. - Japan's revenue was $0.41 million, making up 0.25% of total revenue, which was a 44.93% miss against the projected $0.75 million [7]. Future Revenue Projections - For the current fiscal quarter, total revenue is anticipated to be $163.95 million, a 3.4% increase year-over-year, with expected contributions of 57% from South Korea ($93.43 million), 35.6% from China ($58.31 million), and 0.4% from Japan ($0.61 million) [8]. - The full-year revenue forecast is $672.51 million, representing a 3.8% improvement from the previous year, with South Korea expected to contribute 62.2% ($418.06 million), China 38.3% ($257.82 million), and Japan 0.5% ($3.6 million) [9]. Market Trends and Stock Performance - The company's international revenue dynamics present both opportunities and challenges, necessitating close monitoring to project future performance [10]. - Over the past four weeks, Universal Display's stock has increased by 33.4%, outperforming the Zacks S&P 500 composite, which rose by 9.1% [13]. - In the last three months, the stock has appreciated by 8.7%, while the S&P 500 declined by 3.1%, indicating a strong performance relative to the broader market [13].