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Acer Reports March Consolidated Revenues of NT$23.55 Billion, Up 62.8% Month-on-month

2019-04-09 16:47 11306

First quarter preliminary consolidated revenues reached NT$54.68 billion

TAIPEI, Taiwan, April 9, 2019 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for March at NT$23.55 billion, up 3.9% year-on-year (YoY) or by 62.8% month-on-month. Preliminary consolidated revenues for the first quarter 2019 reached NT$54.68 billion, which was flattish YoY (down 0.22%), or down 14.11% quarter-on-quarter due to seasonality.

The global CPU supply shortage continued to impact on core business operations throughout the first quarter, however, Acer's gaming line[1] maintained its strong momentum with 37% growth in revenue YoY.

Meanwhile, Acer's dual transformation with multiple growth engines has resulted in healthy operations for businesses including AOPEN, Acer Cyber Security, Altos Computing, and the gadget business, which have all achieved double-digit revenue growth YoY.

Acer will be unveiling on April 11 its range of new devices and solutions for the back-to-school season at the next@acer global press conference, which will be livestreamed from New York. For more information, visit www.acer.com/nextatacer.

[1] Acer's gaming line includes notebooks, desktops and displays

About Acer

Founded in 1976, Acer now is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer's 7,000+ employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.

© 2019 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

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Source: Acer Incorporated
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