AUO (OTCMKTS:AUOTY – Get Free Report) released its earnings results on Thursday. The company reported ($0.10) EPS for the quarter, missing analysts’ consensus estimates of $0.01 by ($0.11), Zacks reports. The business had revenue of $2.09 billion for the quarter, compared to the consensus estimate of $2.13 billion. AUO had a return on equity of 3.15% and a net margin of 1.82%.
AUO Stock Down 12.8%
AUOTY traded down $1.36 during trading on Friday, hitting $9.23. 1,463 shares of the company traded hands, compared to its average volume of 64,938. AUO has a one year low of $3.25 and a one year high of $12.74. The stock’s fifty day moving average is $10.07 and its 200 day moving average is $7.31. The firm has a market cap of $7.11 billion, a P/E ratio of 41.96 and a beta of 0.43.
About AUO
AUO Corporation, also known as AUO, is a Taiwan-based technology company that designs and manufactures display products and related solutions. Its portfolio includes large-format and small-to-medium thin-film transistor liquid crystal displays (TFT-LCDs), active-matrix organic light-emitting diode (AMOLED) displays, and other display technologies used in televisions, monitors, notebook computers, tablets, smartphones, vehicles, and industrial equipment.
The company also provides display applications and integrated solutions for areas such as smart mobility, healthcare, retail, education, entertainment, and commercial environments.
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