Flexible Electronics News

Universal Display Announces 4Q, Full Year 2024 Financial Results

Total revenue in the full year 2024 was $647.7 million as compared to $576.4 million in the full year 2023.

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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, 2024. Total revenue in the full year 2024 was $647.7 million as compared to $576.4 million in the full year 2023. Revenue from material sales was $365.4 million in the full year 2024 as compared to $322 million in the full year 2023. The increase in material sales was primarily due to strengthened demand for our emitter materials, partially offset by changes in customer mix. Operating income was $...

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