AUO (OTCMKTS:AUOTY) Issues Quarterly Earnings Results, Beats Expectations By $0.05 EPS

AUO (OTCMKTS:AUOTY) announced its earnings results on Thursday. The company reported $0.06 EPS for the quarter, beating the consensus estimate 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 $0.46 during midday trading on Thursday, reaching $6.84. The stock had a trading volume of 70,556 shares, compared to its average volume of 67,045. The firm has a market cap of $5.27 billion, a price-to-earnings ratio of 28.50 and a beta of 0.39. AUO has a twelve month low of $3.25 and a twelve month high of $10.50. The company’s 50 day moving average price is $8.26 and its 200 day moving average price is $6.24.

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.