Acer Inc Stock Price, News & Analysis

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.

Acer Inc. reported its consolidated revenues for June at NT$30.02 billion, marking a 16.9% year-on-year increase and the highest revenue in seven years. Preliminary revenues for the second quarter of 2021 reached NT$79.78 billion, up 21.7% YoY. Year-to-June revenues totaled NT$151.33 billion, signifying a 32.2% YoY growth. Notable growth in product lines saw gaming products rise 35.7% and Chromebooks increase 41.8% YoY. All subsidiaries reported YoY revenue growth, supporting Acer’s ongoing multi-business strategy.

Acer Inc. reported consolidated revenues of NT$24.81 billion for May 2021, marking a 22.9% year-on-year increase and the highest figure in seven years. Year-to-date revenues reached NT$121.31 billion, reflecting a 36.6% growth. Key contributors included a 30.1% increase in Chromebook sales and a 15.3% rise in gaming products. All subsidiaries also reported year-on-year revenue growth, with notable increases from E-TEN Information Systems at 51.1%, GadgeTek at 36.3%, and Altos Computing at 67.3%.

Acer Inc. reported consolidated revenues of NT$24.95 billion for April 2021, reflecting a 26.3% increase year-on-year (YoY). Year-to-date revenues reached NT$96.51 billion, a 40.7% YoY growth. Key product line performances include a 39.5% increase in notebooks, 37.3% growth in monitors, and a remarkable 119.9% surge in gaming products for April. The company's subsidiaries also performed well, with Highpoint Service Network increasing by 141.8%, GadgeTek by 57.2%, and Acer ITS by 102.1% YoY.

Acer Inc. (TWSE: 2353) reported significant growth in its Q1 2021 financial results, with consolidated revenues reaching NT$71.56 billion, a 46.5% increase YoY. Gross profits soared to NT$8.31 billion, marking a 67.9% jump YoY, with a margin of 11.6%. Operating income hit NT$2.81 billion, achieving a historic Q1 margin of 3.9%. The net income was NT$2.74 billion, the highest quarterly earnings in a decade, translating to an earnings per share (EPS) of NT$0.91.

Acer Inc. has reported preliminary consolidated revenues of NT$71.56 billion for Q1 2021, reflecting a significant 46.5% year-on-year growth, the highest in seven years. March revenues reached NT$27.74 billion, up 36.5% month-on-month and 15.3% year-on-year. The gaming line revenue soared by 87.6%, Chromebooks by 141.1%, and commercial notebooks by 87.6%. The company has also made strides in smart city solutions and healthcare technology, contributing positively to its growth.