---
title: "Update: Universal Display Shares Rise After $400 Million Share Repurchase Plan, Q1 Results"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/284930454.md"
description: "Universal Display's shares rose approximately 11% following the announcement of a $400 million stock repurchase plan and Q1 results. The company reported Q1 earnings of $0.76 per diluted share, down from $1.35 a year earlier, with revenue of $142.2 million, also lower than the previous year. The 2026 revenue guidance was revised down to $630 million to $670 million. The quarterly dividend remains at $0.50 per share, payable on June 30."
datetime: "2026-05-01T18:40:00.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/284930454.md)
  - [en](https://longbridge.com/en/news/284930454.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/284930454.md)
---

# Update: Universal Display Shares Rise After $400 Million Share Repurchase Plan, Q1 Results

02:40 PM EDT, 05/01/2026 (MT Newswires) -- (Updates with the latest stock movement in the first paragraph and headline.)

Universal Display's ( OLED ) shares were up roughly 11% in Friday trading after the company announced a new $400 million stock repurchase plan and reported Q1 results.

The company reported Q1 earnings late Thursday of $0.76 per diluted share, down from $1.35 a year earlier.

Analysts polled by FactSet expected $1.16.

Revenue for the quarter ended March 31 was $142.2 million, down from $166.3 million a year earlier.

Analysts surveyed by FactSet expected $161.2 million.

The company lowered its 2026 revenue guidance to $630 million to $670 million from the prior forecast of $650 million to $700 million. Analysts surveyed by FactSet expect $673.6 million.

Universal Display ( OLED ) kept its quarterly dividend at $0.50 a share, payable June 30 to holders of record June 16.

The board also authorized a new share repurchase program of up to $400 million.

Price: 96.56, Change: +9.47, Percent Change: +10.87

MT Newswires does not provide investment advice. Unauthorized reproduction is strictly prohibited.

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