Acer Inc Stock Price, News & Analysis

Acer Inc. reported consolidated revenues of NT$25.16 billion for January 2022, marking an eight-year high for the month. This represents a 7.1% year-on-year growth, despite a 14.8% month-on-month decline attributed to seasonal factors. The company continues to face logistics challenges, although semiconductor shortages are easing. Key revenue increases include a 28.7% growth in gaming products, 40.7% for desktops, and 18.6% for commercial PCs. Additionally, non-PC revenues accounted for 19.0% of total sales, up from 16.1% last year.

Acer Inc. reported consolidated revenues of NT$29.52 billion for December 2021, marking the highest level in nine years and reflecting a 4.0% year-over-year growth. For Q4 2021, revenues reached NT$86.38 billion, a 4.6% YoY increase, with a full-year total of NT$318.85 billion, growing 15.1% YoY. Key drivers included notable increases in gaming revenues (19.8% YoY) and commercial notebooks (40.1% YoY), while non-PC businesses contributed 17.6% to total revenues.

Acer Inc. reported consolidated revenues of NT$28.85 billion for November 2021, the highest in eight years for the month, reflecting a 3.0% month-over-month and 0.5% year-over-year increase. Year-to-date revenues reached NT$289.3 billion, representing a 16.3% year-over-year growth. Noteworthy sectors include a 13.1% year-over-year increase in gaming revenues and a remarkable 186.1% year-over-year growth in rugged products for November. Business incubation efforts also showed significant revenue growth, particularly in MPS Energy, with an extraordinary increase of 571.1%.

Acer Inc. reported October 2021 consolidated revenues of NT$28.01 billion, the highest in seven years, and a year-on-year increase of 9.8%. For the year-to-date, revenues reached NT$260.48 billion, up 18.4% YoY. Key business highlights include a 20.2% increase in gaming revenue, 54.5% growth in desktop PC sales, and 4.8% growth in notebook PCs. Non-PC related businesses contributed 17.1% to total revenues, with Altos Computing and MPS Energy achieving remarkable growth of 155.8% and 611.9% respectively.

Acer Inc. reported robust financial results for Q3 2021, with consolidated revenues of NT$81.14 billion and net income of NT$3.02 billion, the highest recorded in 11 years. The gross profit was NT$9.37 billion (11.5% margin), and operating income reached NT$3.47 billion (4.27% margin). For the first nine months of 2021, net income was NT$8.66 billion, and EPS was NT$2.88, both doubling the performance from the previous year. Acer continues to address supply chain issues while launching innovative products for the gaming and creator markets.

Acer Inc. reported September consolidated revenues of NT$27.93 billion, totaling NT$232.47 billion for the year-to-date, reflecting a 19.5% year-on-year growth. For Q3 2021, revenues reached NT$81.13 billion, the highest in seven years. Key highlights include significant revenue growth across product categories: 29.8% for notebooks, 42.7% for Chromebooks, and 44.7% for commercial notebooks. Acer's subsidiaries also showed strong growth, with a 29.0% increase overall. The company will showcase innovations at its next@acer global press conference on October 13.

Acer Inc. reported August revenues of NT$27.10 billion, marking a 3.84% increase month-on-month. Year-to-date, consolidated revenues reached NT$204.54 billion, reflecting a 24.0% year-on-year growth. Key business areas include:

• Gaming revenue up 35.1% YoY
• Chromebook revenue up 63.4% YoY
• Commercial notebooks up 51.9% YoY
• Monitor revenue up 18.1% YoY

Acer's subsidiaries also demonstrated overall YoY growth while new ventures, like Altos Computing, grew 47.2% YoY.

Acer Inc. has been shortlisted for the RE100 Leadership Award in the Key Collaborator category, recognizing its efforts in clean energy transformation. Currently, 45% of its suppliers utilize green energy, and 50% of critical suppliers are committed to RE100 or Science Based Targets. Acer aims to achieve 100% renewable energy across all global operations by 2035. The RE100 initiative, led by the Climate Group and CDP, promotes corporate commitment to renewable energy.

Acer Inc. reported strong Q2 2021 financial results with consolidated revenues of NT$79.78 billion and a net income of NT$2.90 billion, marking the highest in 11 years. This represents a 142.5% year-on-year growth and an EPS of NT$0.97. For the first half of 2021, revenues totaled NT$151.33 billion with net income of NT$5.64 billion, up 221.8% YoY. Acer anticipates continued strong demand in the PC market, with its subsidiaries also showing impressive revenue and profit growth.