AUO (OTCMKTS:AUOTY) Issues Earnings Results

AUO (OTCMKTS:AUOTY) released its quarterly earnings data on Wednesday. The company reported $0.06 earnings per share for the quarter, topping the consensus estimate of $0.01 by $0.05, Zacks reports. AUO had a net margin of 2.06% and a return on equity of 3.58%.

AUO Stock Up 4.4%

Shares of AUO stock traded up $0.30 during trading on Friday, reaching $7.18. The company’s stock had a trading volume of 60,299 shares, compared to its average volume of 66,936. The business’s 50-day moving average price is $8.27 and its 200-day moving average price is $6.26. AUO has a 52 week low of $3.25 and a 52 week high of $10.50. The firm has a market cap of $5.53 billion, a PE ratio of 29.92 and a beta of 0.39.

AUO Company Profile

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.