Flexible Electronics News

Universal Display Announces 2Q 2024 Financial Results

Total revenue in the second quarter of 2024 was $158.5 million as compared to $146.6 million in the second quarter of 2023.

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By: DAVID SAVASTANO

Editor, Ink World Magazine

Universal Display Corporation reported financial results for the second quarter ended June 30, 2024. Total revenue in the second quarter of 2024 was $158.5 million as compared to $146.6 million in the second quarter of 2023. Revenue from material sales was $95.4 million in the second quarter of 2024 as compared to $77.1 million in the second quarter of 2023. The increase in material sales was primarily due to strengthened demand for our emitter materials. Revenue from royalty and licens...

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