LG Display (LPL) Beats Q2 EPS Estimates with Strong Profit Growth

LG Display Co., Ltd. (NYSE:LPL) is one of the best NYSE penny stocks to invest in now. On July 24, the company announced its Q2 2025 earnings, with earnings per share (EPS) of $0.73, which beat analyst expectations by $0.86. The company’s revenue for the quarter was KRW 5.587 trillion ($4 billion), a 17% year-over-year decrease, but still topped analyst estimates.

LG Display (LPL) Beats Q2 EPS Estimates with Strong Profit Growth

LG Display posted a net profit of KRW 891 billion ($645 million) in the quarter, a huge jump from a net loss of KRW 237 billion ($170 million) in Q1 2025 and a net loss of KRW 471 billion in Q2 2024. The company attributed the net income gain to non-operating income, including foreign exchange gains and the sale of its stake in the Guangzhou LCD manufacturing plant.

The company stated that, during the quarter, it continued its strategic shift toward OLED technology, with OLED product sales now accounting for 56% of total revenue, up 4% from last year. It added that it is focusing on profitability over expansion, employing cost innovation measures, and reducing capital expenditures.

LG Display Co., Ltd. (NYSE:LPL) is a South Korean multinational display panel manufacturer. It produces OLED and LCD screens for TVs, monitors, laptops, smartphones, and automotive systems. The company operates advanced production facilities in South Korea and China, where it supplies display technologies to global OEMs such as Apple, Mercedes-Benz, and LG Electronics.

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Disclosure: None. This article is originally published at Insider Monkey.