AU Optronics posts 4Q profit

HSINCHU, Taiwan (AP) _ AU Optronics Corp. (AUO) on Tuesday reported fourth-quarter net income of $277 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Hsinchu, Taiwan-based company said it had profit of 29 cents.

The LCD screen manufacturer posted revenue of $2.84 billion in the period.

For the year, the company reported profit of $241 million, or 25 cents per share. Revenue was reported as $10.16 billion.

The company's shares closed at $3.75. A year ago, they were trading at $2.44.

_____

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on AUO at https://www.zacks.com/ap/AUO

_____

Keywords: AU Optronics, Earnings Report