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 Citi Global Technology Conference Transcript

Sep 07, 2022 / 06:30PM GMT

Release Date Price: €105.45 (-1.82%)

Transcript

Atif Malik

Citigroup Inc., Research Division - Director & Semiconductor Capital Equipment and Specialty Semiconductor Analyst

Everyone, welcome to day 1 of Citi Global Technology Conference. My name is Atif Malik. I cover U.S. semiconductors and semiconductor equipment stocks. It's my pleasure to welcome Steve Abramson, President and CEO of Universal Display. Welcome, Steve.

Steven V. Abramson

Universal Display Corporation - President, CEO & Director

Thank you, Atif. Thank you for having me.

Questions & Answers

Atif Malik;

Citigroup Inc., Research Division - Director & Semiconductor Capital Equipment and Specialty Semiconductor Analyst

I'll go with my questions first, and then I will open up for audience to ask any questions. Steve, you lowered the full year outlook to $600 million on your last earnings call on a slowdown in consumer related spending. Can you talk about the change in the market you saw which drove that revision, whether it was more smartphone-driven or TVs?

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