AUO (OTCMKTS:AUOTY – Get Free Report) posted its quarterly earnings results on Thursday. The company reported $0.06 earnings per share for the quarter, topping analysts’ consensus estimates of $0.01 by $0.05, Zacks reports. AUO had a return on equity of 3.58% and a net margin of 2.06%.
AUO Stock Performance
Shares of OTCMKTS AUOTY traded down $0.42 during midday trading on Thursday, hitting $6.88. 71,763 shares of the stock traded hands, compared to its average volume of 67,047. AUO has a one year low of $3.25 and a one year high of $10.50. The business has a 50 day moving average price of $8.26 and a two-hundred day moving average price of $6.24. The company has a market cap of $5.30 billion, a PE ratio of 28.67 and a beta of 0.39.
About AUO
AU Optronics Corp. (OTCMKTS:AUOTY) is a Taiwanese manufacturer specializing in thin?film?transistor liquid crystal display (TFT?LCD) panels. Headquartered in Hsinchu, Taiwan, the company designs, develops and produces high?resolution display solutions for a variety of end markets, including televisions, desktop monitors, notebook computers, mobile devices and tablets. In addition to consumer electronics, AU Optronics supplies specialty and industrial displays for applications such as automotive instrument clusters, medical imaging and retail signage.
Founded in 1996, AU Optronics has grown into one of the world’s leading TFT?LCD producers by expanding its fabrication facilities across Taiwan and mainland China.
Featured Stories
- Five stocks we like better than AUO
- Microsoft Just Flipped the AI Spending Narrative Overnight
- Qualcomm’s Turnaround Is Working, So Why Is Wall Street Selling?
- Meta’s Earnings Show Why Wall Street Is Losing Patience With AI Spending
- Can Starbucks Keep This Turnaround Going? The Latest Results Say Yes
Receive News & Ratings for AUO Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for AUO and related companies with MarketBeat.com's FREE daily email newsletter.
