Investing.com - AU Optronics reported on Thursday second quarter earnings that missed analysts' forecasts and revenue that fell short of expectations.
AU Optronics announced earnings per share of -0.1971 on revenue of 2.1B. Analysts polled by Investing.com anticipated EPS of 0.0213 on revenue of 2.39B.
AU Optronics shares are down 23.17% from the beginning of the year, still down 34.63% from its 52 week high of 8.73 set on December 31, 2021. They are under-performing 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 Thursday, who reported EPS of 1.2 on revenue of 82.96B, compared to forecasts EPS of 1.16 on revenue of 82.59B.
Microsoft had missed expectations on Tuesday with fourth quarter EPS of 2.23 on revenue of 51.87B, compared to forecast for EPS of 2.29 on revenue of 52.43B.
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