Shares of LG Display Co LPL fell 2.3% in pre-market trading after the company reported Q2 results.
Earnings per share rose 194.64% year over year to $0.53, which beat the estimate of $0.44.
Revenue of $6,199,000,000 up by 46.00% from the same period last year, which missed the estimate of $6,330,000,000.
Earnings guidance hasn't been issued by the company for now.
LG Display Co hasn't issued any revenue guidance for the time being.
Conference Call Details
Date: Jul 28, 2021
Time: 04:00 PM
ET Webcast URL: https://ircc.kudosworks.co.kr/webcastCall.do?evntId=EV00000076
Recent Stock Performance
52-week high: $12.30
Company's 52-week low was at $5.12
Price action over last quarter: down 18.99%
LG Display is a South Korea-based company that is principally engaged in developing, manufacturing and selling TFT-LCD and OLED display panels. The company's products consist of panels for notebook computers, monitors, televisions, smartphones, tablets, and others. The company conducts direct sales through overseas subsidiaries in a number of countries, including the United States, Germany, Japan, Taiwan, China, and Singapore. These subsidiaries conduct sales activities and offer technical support to clients. The company generates the majority of its revenue from overseas markets, with the rest from South Korea.
© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.