Investing.com - AU Optronics reported on Thursday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
AU Optronics announced earnings per share of 0.7325 on revenue of 3.42B. Analysts polled by Investing.com anticipated EPS of 0.5621 on revenue of 3.34B.
AU Optronics shares are up 52.12% from the beginning of the year and are trading at 7.530 , 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 Information Technology sector earnings this month
AU Optronics's report follows an earnings beat by Apple on Tuesday, who reported EPS of 1.3 on revenue of 81.43B, compared to forecasts EPS of 1.01 on revenue of 73.26B.
Microsoft had beat expectations on Tuesday with fourth quarter EPS of 2.17 on revenue of 46.15B, compared to forecast for EPS of 1.91 on revenue of 44.06B.
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