Universal Display Corp (STU:UVD)

€ 188.15 -0.5 (-0.27%) Market Cap: 9.38 Bil Enterprise Value: 8.91 Bil PE Ratio: 45.90 PB Ratio: 6.65 GF Score: 94/100

Universal Display Corp at Oppenheimer Technology, Internet & Communications Conference (Virtual) Transcript

Aug 11, 2021 / 02:45PM GMT

Release Date Price: €173.75 (-1.22%)

Transcript 8-K10-Q

Martin Yang

Oppenheimer & Co. Inc., Research Division - Associate

Good morning, everyone. Welcome to the 24th Oppenheimer Tech Conference. This morning, we have the pleasure to host a fireside chat with the CFO of Universal Display, Sidney Rosenblatt. Welcome, Sidney.

Sidney D. Rosenblatt

Universal Display Corporation - Executive VP, CFO, Treasurer, Secretary & Director

Thank you very much for having us today, Martin.

Questions & Answers

Martin Yang

Oppenheimer & Co. Inc., Research Division - Associate

Great. Let's dive right into the questions. You just reported your 2Q earnings last week, and one focus on the call was the gross margin. Material gross margin also has been a recurring topic for investors, and it varied between quarter-on-quarter. Sometimes those variants can be greater than 500 basis points, as we saw in the most recent quarter. Can you maybe provide us with more context and color on the 2Q gross margin and just, in general, some of the moving parts to your material gross

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