AUO (OTCMKTS:AUOTY – Get Free Report) issued its earnings results on Thursday. The company reported ($0.10) earnings per share for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.13), Zacks reports. The business had revenue of $2.09 billion during the quarter, compared to analyst estimates of $2.15 billion. AUO had a net margin of 0.24% and a return on equity of 0.41%.
AUO Stock Down 14.2%
OTCMKTS:AUOTY opened at $9.09 on Friday. The firm has a market capitalization of $7.00 billion, a PE ratio of 353.00 and a beta of 0.43. The firm has a 50-day moving average price of $10.09 and a 200 day moving average price of $7.33. AUO has a 12-month low of $3.25 and a 12-month high of $12.74.
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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