Steven Abramson on earnings
From Universal Display Corporation OLED Q3 2025 Earnings Call · · Fyfull
“Third quarter revenue was $140 million with operating profit of $43 million and net income of $44 million or 92 cents per diluted share.”
On , Steven Abramson, President, Chief Executive Officer & Director at UNIVERSAL DISPLAY CORP, spoke about earnings during Universal Display Corporation OLED Q3 2025 Earnings Call on Fyfull.
About Steven Abramson
In the third quarter of 2025, Universal Display Corporation reported revenue of $140 million, with an operating profit of $43 million and net income of $44 million. Abramson noted that the company expected full-year revenues to be around the lower end of its guidance range of $650 to $700 million, attributing the results to "timing dynamics as customer pull‑ins in the first half of the year were more significant than previously thought." He also announced a definitive agreement to acquire OLED patent assets from Merck KGaA for $50 million, expected to close in January 2026, which he said "bolsters the building blocks for next‑generation OLED performance." Abramson highlighted several developments, including the grand opening of a new global headquarters and R&D center in Singapore for the company's subsidiary, Universal Vapor Jet Corporation, which is developing a maskless, solventless dry printing technology for applications in semiconductors, pharmaceuticals, batteries, and photovoltaics. He also discussed the company's phosphorescent blue technology, which he described as "poised to unlock up to an additional 25% of energy efficiency," and noted that the company had built an artificial intelligence and machine learning platform to accelerate material discovery. Abramson stated that the company's 25-year partnership with PPG had been "instrumental in scaling our phosphorescent OLED materials."