| From: qddb | 8/5/2021 2:35:36 PM | | | | | | Yearly Guidance from prior year Q2 releases - a trip down memory lane.
Let's hope for a great quarter, no negative surprises, and just maybe a bump in full-year guidance. Fingers crossed here, good luck to all in a few hours.
2016: 2016 Guidance
While the OLED industry is still at a stage where many variables can have a material impact on its growth, based upon the most recent and best information on hand, the Company believes it is prudent to revise its 2016 revenues guidance. The Company now expects 2016 revenues to be in the range of $190 million to $200 million.
2017: 2017 Guidance
Although the OLED industry is still at an early state where many variables can have a material impact on its growth, and the Company thus caveats its financial guidance accordingly, the Company believes that its revenues will be in the range of $285 million to $300 million for fiscal 2017.
2018: 2018 Guidance
Although the OLED industry is still at an early state where many variables can have a material impact on its growth, and the Company thus caveats its financial guidance accordingly, the Company continues to expect that its 2018 revenues will be in the range of $280 million to $310 million. The guidance was prepared utilizing accounting standard ASC Topic 606; under the prior accounting standard ASC Topic 605, the Company estimates that its 2018 revenues would be approximately 10% to 15% higher than the revenue guidance range.
2019: 2019 Revised GuidanceAlthough the OLED industry is still at an early state where many variables can have a material impact on its growth, and the Company thus caveats its financial guidance accordingly, the Company now believes that its 2019 revenue will be approximately in the range of $370 million to $390 million. The guidance was prepared utilizing accounting standard ASC Topic 606; under the prior accounting standard ASC Topic 605, the Company estimates that its 2019 revenues would be approximately $425 million to $435 million.
2020: 2020 Guidance
As a result of the ongoing uncertainties regarding both the scope and duration of the COVID-19 global pandemic, the Company continues to refrain from providing 2020 revenue guidance, which was withdrawn on May 7, 2020. |
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| From: FenTech | 8/5/2021 4:13:26 PM | | | | | | Revenue beats at $129.7 million vs estimated $128.05M
EPS $0.85 versus $0.86
Looking forward to call |
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| From: FenTech | 8/5/2021 4:49:56 PM | | | | | | Each of the last few conference calls have included small snippets of blue.
2020 EOY call was first acknowledgement of Samsung sampling blue
2021 1Q call was first acknowledgement that many vendors were sampling blue
Not ground breaking but seems to be that they are "Making significant progress"
Hopefully more information and acknowledgement today.
Also rumors or acknowledgement of new plants or expansions. |
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| From: ZikZak | 8/5/2021 5:00:04 PM | | | | | | South Korea sales went from $68.0M (Q1) to $86.3M (Q2).
China sales went from $60.5M (Q1) to $36.3M (Q2).
With LGD Guangzhou operating full out at 90k substrates/month, I thought the only way this would be possible is for Guangzhou sales to have been recharacterized from Chinese to South Korean. But that can't be right, as Q2 Samsung+LGD is about $100M, almost $14M too high for this to be the explanation. Anyone have this figured out? |
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