Investing.com - AU Optronics reported on Thursday fourth quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AU Optronics announced earnings per share of 0.3149 on revenue of 2.88B. Analysts polled by Investing.com anticipated EPS of 0.2097 on revenue of 2.74B.
AU Optronics shares are down 2% from the beginning of the year, still down 5.86% from its 52 week high of 6.14 set on February 3. They are under-performing the DAX which is up 2.77% 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 January 27, who reported EPS of 1.68 on revenue of 111.44B, compared to forecasts EPS of 1.42 on revenue of 103.27B.
Microsoft had beat expectations on January 26 with second quarter EPS of 2.03 on revenue of 43.08B, compared to forecast for EPS of 1.64 on revenue of 40.22B.
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