Flexible Electronics News

Universal Display Announces 4Q, Full Year 2022 Financial Results

Total revenue for the full year 2022 was $616.6 million as compared to $553.5 million for the full year 2021.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display reported financial results for the fourth quarter and full year ended Dec. 31, 2022. “We ended 2022 strongly with record revenues and earnings,” said Brian Millard, VP and CFO of Universal Display Corporation. “As we look to 2023, while macro uncertainties per-sist, we are continuing to build upon our leadership position in the OLED ecosystem. This includes continued discovery and development of next-generation phosphorescent mate-rials, progress on the development of our co...

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