Investing.com - AU Optronics reported on Thursday first quarter earnings that beat analysts' forecasts and revenue that fell short of expectations.
AU Optronics announced earnings per share of 0.444 on revenue of 2.81B. Analysts polled by Investing.com anticipated EPS of 0.3156 on revenue of 2.84B.
AU Optronics shares are up 160.53% from the beginning of the year and are trading at 12.870 , down-from-52-week-high.They are outperforming the EUR/USD which is down 0% 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 Wednesday, who reported EPS of 1.4 on revenue of 89.58B, compared to forecasts EPS of 0.983 on revenue of 76.71B.
Microsoft had beat expectations on Tuesday with third quarter EPS of 1.95 on revenue of 41.71B, compared to forecast for EPS of 1.78 on revenue of 41.04B.
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