Investing.com - AU Optronics reported on Thursday third quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AU Optronics announced earnings per share of 0.1 on revenue of 2.56B. Analysts polled by Investing.com anticipated EPS of 0.01 on revenue of 2.44B.
AU Optronics shares are down 27% from the beginning of the year, still down 8.06% from its 52 week high of 4.34 set on September 9. They are under-performing the S&P Global (NYSE:SPGI) 100 which is up 1.52% from the start of the year.
AU Optronics follows other major Technology sector earnings this month
AU Optronics's report follows an earnings beat by Apple on Thursday, who reported EPS of 0.73 on revenue of 64.7B, compared to forecasts EPS of 0.71 on revenue of 63.98B.
Microsoft had beat expectations on Tuesday with first quarter EPS of 1.82 on revenue of 37.15B, compared to forecast for EPS of 1.54 on revenue of 35.76B.
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