文章核心观点 1) LG Display (LPL)在Q2 2024财报中表现出色,营收和利润均大幅好于预期 [6][7] 2) 但公司仍对未来需求存在担忧,未能明确表示最坏时期已经过去 [11] 3) 公司正在努力转型,从LCD转向OLED面板,但OLED市场也面临来自中国厂商的竞争压力 [12] 4) 公司目前仍处于亏损状态,但资产负债表较为健康,有望在Q4实现盈利 [10][13][14] 公司表现分析 1) Q2 2024营收增长27.7%,达到48.5亿美元,OLED面板占比提升至52% [6][7] 2) 毛利率和EBITDA大幅改善,分别达到9.1%和9.3亿美元 [7] 3) 净亏损收窄至4.71亿美元,好于去年同期的6.99亿美元亏损 [7] 4) Q3 2024预计出货量将环比中个位数增长,ASP保持平稳 [9] 行业动态分析 1) OLED面板市场正面临来自中国厂商的竞争压力,中国已超越韩国成为全球最大OLED手机面板供应商 [12] 2) 中国厂商正逐步进入大尺寸OLED面板市场,LPL转型OLED的优势正在缩小 [12] 3) 2024年奥运会可能带来的面板需求增长可能只是暂时性的,Q4可能面临较为艰难的环境 [12]

NEW YORK, July 25, 2024 (GLOBE NEWSWIRE) -- Bragar Eagel & Squire, P.C., a nationally recognized stockholder rights law firm, is investigating potential claims against LPL Financial Holdings Inc. (“LPL” or the “Company”) (NASDAQ: LPLA) on behalf of LPL stockholders. Our investigation concerns whether LPL has violated the federal securities laws and/or engaged in other unlawful business practices. Click here to participate in the action. On July 5, 2024, a federal judge granted Ameriprise Financial, Inc.’s ( ...

财务数据和关键指标变化 - 2024年第二季度营收为6.708万亿韩元,环比增长28%,同比增长42% [7] - 2024年第二季度营业亏损94亿韩元,环比和同比大幅下降 [8] - 现金及现金等价物为2.342万亿韩元,存货为3.082万亿韩元,环比下降 [11] - 资产负债率282%,净资产负债率151% [11] 各条业务线数据和关键指标变化 - 面板出货量环比增长23%,同比增长37%,达到650万平方米 [9] - 面板平均售价(ASP)环比基本持平,为每平方米779美元 [9] - OLED产品收入占比52%,环比增加5个百分点,同比增加10个百分点 [10] - 电视面板收入占比24%,IT面板收入占比44%,环比均增加3个百分点 [10] 各个市场数据和关键指标变化 - 第三季度面板出货量预计环比中个位数增长,ASP预计保持平稳 [12] - 小尺寸OLED面板出货有望扩大,中大尺寸产品出货也将增长 [12] 公司战略和发展方向及行业竞争 - 公司正在通过业务结构升级、成本结构改善、成本创新和运营效率提升来改善经营业绩和财务稳定性 [14] - 在小尺寸移动业务方面,公司计划通过扩大产能来实现出货同比增长,提升收入和利润 [16] - 在IT OLED业务方面,公司已实现稳定量产,并将通过差异化产品组合和客户关系维护来获得市场份额 [17] - 在大尺寸OLED业务方面,公司将通过开发高端产品和优化运营来提高盈利能力 [18] - 在汽车业务方面,公司将利用OLED和LTPS LCD的差异化产品组合来拓展市场份额 [19][20] - 公司将聚焦于能够尽早见效的必要投资项目,今年资本支出计划为2万亿韩元,较上年大幅减少 [21] 管理层对经营环境和未来前景的评论 - 外部环境仍然高度波动,下游行业需求、汇率等多方面因素都存在不确定性 [15] - 第三季度将受到自愿离职计划的影响,但公司将继续推进业务结构升级等措施 [26][27][28][29] - 预计第三季度业绩有望继续改善,但仍需谨慎对待未来前景 [24][26][27] 其他重要信息 - 公司正在考虑如何利用非战略性资产,包括广州电视面板厂的处置,但具体方案和时间表尚未确定 [34][35][36][37][38] 问答环节重要的提问和回答 问题1 **Dongwon Kim 提问** 询问公司三季度业绩转正的可能性以及下半年利润规模预测 [24] **Min Lim Seung 回答** 公司正在努力实现业绩转好,但外部环境仍存在较大不确定性,第三季度可能受到自愿离职计划的影响 [26][27][28][29] 问题2 **Sun Woo Kim 提问** 询问关于广州电视面板厂处置的具体计划和时间表 [32][33] **Sung-Hyun Kim 回答** 公司正在考虑多种选择,但具体方案和时间表尚未确定,公司将持续与市场沟通 [34][35][36][37][38] 问题3 **Won Suk Chung 提问** 询问公司手机OLED面板在上下半年的出货情况 [40] **Unidentified Executive 回答** 由于客户关系,无法透露具体出货计划,但公司已加强产能并预计出货同比将有所增长 [41][42][43][44]

Key Financial Results Net Income was $244 million, translating to diluted earnings per share ("EPS") of $3.23, down 12% from a year agoAdjusted EPS* decreased 2% year-over-year to $3.88 Gross profit* increased 9% year-over-year to $1,079 millionCore G&A* increased 10% year-over-year to $371 millionAdjusted EBITDA* increased 2% year-over-year to $533 million Key Business Results Total advisory and brokerage assets increased 21% year-over-year to $1.5 trillion Advisory assets increased 25% year-over-year to ...

SAN DIEGO, July 24, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors of Investment Advisors Financial Group have joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $1 billion in advisory, brokerage and retirement plan assets* and joins LPL from Osaic. Founded in 1979 by Thomas E. Musumeci and headquartered in Eatontown, N.J., Investment Advisors Financial Group includes a diverse mix of advisors with backgrounds in acc ...

SEOUL, South Korea, July 21, 2024 /PRNewswire/ -- LG Display, the world's leading innovator of display technologies, announced today that its OLED TV panels have been confirmed to be excellent for helping viewers maintain healthy sleep patterns.LG Display's OLED TV panels proven to 'Sleep Friendly' supporting body and eye health LG Display’s OLED TV panels proven to ‘Sleep Friendly’ supporting body and eye health The company recently completed a clinical study to verify the impact of TV panels on sleep ...

SAN DIEGO, July 15, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that the advisors with Summit Planning Group have joined LPL Financial’s broker-dealer, RIA and custodial platforms. The team reported having served approximately $750 million in advisory, brokerage and retirement plan assets* and joins LPL from Lincoln Financial. Founded in 1995, Summit Planning Group brings together a diverse group of advisors with backgrounds in accounting, finance, tax and investments who work together to add ...

SAN DIEGO, July 09, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC today released its 2024 Midyear Outlook, “Still Waiting for the Turn.” Expanding on LPL Research’s 2024 Outlook, “A Turning Point,” this midyear update offers fresh insights into the economic and market landscape, along with the potential impact for investment portfolios. At the end of 2023, the LPL Research team posited that in 2024, the markets would make a definitive turn to a more recognizable place, marked by meaningful shifts in inflation, ...

SAN DIEGO, July 01, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that father and daughter financial advisors James (Jim) Zack and Amanda Zack have joined LPL’s employee advisor channel, Linsco by LPL Financial, to launch The Zack Wealth Group. They reported serving approximately $290 million in advisory, brokerage and retirement plan assets* and join LPL from Morgan Stanley. Based in Washington, D.C., Jim Zack is a seasoned advisor who has always been intrigued by the stock market. He recalled ...

SAN DIEGO, June 25, 2024 (GLOBE NEWSWIRE) -- LPL Financial LLC announced today that financial advisor Danielle Qualls has joined LPL Financial’s broker-dealer, RIA and custodial platforms, teaming up with existing firm Bergkamp Financial. She reported having served approximately $160 million in advisory, brokerage and retirement plan assets* and joins LPL from Stifel, Nicolaus and Co. A Kansas native, Qualls started her career in corporate accounting before making the switch to wealth management in 1999. Sh ...