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Acer Incorporated - $ACEYY STOCK NEWS

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Acer Inc. (TWSE: 2353) has been listed on the Dow Jones Sustainability Indices (DJSI) Emerging Markets Index for the 10th consecutive year, scoring in the 100th percentile and garnering top rankings in various components. The company is accelerating efforts toward sustainability, joining the RE100 initiative and pledging to achieve net zero emissions by 2050. Acer's sustainability efforts have expanded beyond computers and display products to lifestyle products, such as e-mobility and energy storage solutions.
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Acer Inc. (TWSE: 2353) reported November consolidated revenues of NT$ 20.11 billion, showing 3.9% growth month-on-month and 6.4% growth year-on-year (YoY). Year-to-November revenues reached NT$ 217.63 billion. Business highlights include: Notebook business revenues grew 6.6% YoY, desktop business revenues grew 42.6% YoY, and commercial business revenues grew 29.8% YoY. Acer's strategy to create multiple business engines has continued its momentum, with significant growth in Altos Computing, Acerpure Inc., and Acer Mobile Power System Inc. Additionally, Acer announced its further commitment to ESG in Dubai during COP28, launching carbon-neutral products and a full line of power storage solutions.
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Acer Inc. (ACER) commits to carbon neutrality for its Aspire Vero laptop line, starting with the new Aspire Vero 16 (AV16-51P). The company aims to minimize carbon footprint at each stage of the device lifecycle and achieve carbon neutrality through high-quality carbon credits. Acer has also joined the RE100 initiative to achieve 100% renewable electricity by 2035 and aims for net-zero emissions by 2050.
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Acer Inc. (TWSE: 2353) unveiled its 'Conscious Technology' vision in Dubai, showcasing energy storage solutions and product concepts. The company is committed to 100% renewable electricity by 2035 and net-zero emissions by 2050. Acer is expanding its presence in the energy storage industry and investing in battery cell technologies.
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Acer Inc. (TWSE: 2353) reported October consolidated revenues of NT$ 19.35 billion, marking a 7.2% YoY growth. Year-to-October revenues reached NT$ 197.52 billion, surpassing pre-pandemic levels. Key highlights include 13.9% growth in notebook business revenues, 27.7% growth in gaming business revenues, and 20.6% growth in Chromebook revenues. Acer's diversified business strategy is paying off, with subsidiaries like Acer Mobile Power System Inc., Altos Computing, Acerpure Inc., and Acer ITS Inc. also experiencing significant revenue growth.
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Acer Inc. announced its financial results for Q3 2023, with consolidated revenues of NT$67.44 billion, a 15.8% QoQ growth and 3.9% YoY growth. Gross profits reached NT$7.29 billion with a 10.8% margin, higher than the previous quarter and the same period last year. Operating income was NT$1.55 billion, up 47.8% QoQ and 86.6% YoY, with a 2.3% margin. Net income was NT$2.01 billion, up 44.2% QoQ and 7.0% YoY. Businesses other than computers and displays contributed 24.2% of total revenues and 30.0% of operating income in Q3. Acer Group's revenue and profit have reached a new high after the pandemic.
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Acer Inc. reports strong growth in September and Q3'23
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Acer Inc. reports consolidated revenues of NT$21.69 billion in August, with YoY growth at 7.1% and MoM growth at 22.4%. Year-to-August revenues reach NT$150.10 billion. Notebook business revenues grow 39.2% MoM and 13.6% YoY. Gaming business revenues grow 79.1% MoM and 8.7% YoY. Acerpure Inc. revenues grow 32.6% MoM and 55.9% YoY. Acer ITS Inc. revenues grow 2.1% MoM and 11.0% YoY. Connectivity products business revenues grow 63.0% MoM. Acer shows YoY growth for two consecutive months.
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Acer Inc. announced its consolidated revenues for July at NT$17.72 billion with 1.5% growth YoY, and for year-to-July at NT$128.41 billion, down 23.6% YoY. Other businesses contributed 29.0% of total revenues. Acer's computers business returned to YoY growth in July. Key highlights include Vero eco-conscious line revenues growing 138.2% YoY and Chromebook business revenues growing 58.3% YoY.
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Acer Incorporated

OTC:ACEYY

ACEYY Rankings

ACEYY Stock Data

4.84B
2.86B
Computer Storage Device Manufacturing
Manufacturing
Link
United States of America
Taipei

About ACEYY

established in 1976, acer is an information and communication technology company dedicated to the research, design, marketing, sale and support of innovative products that enhance people's lives. acer's green supply chain delivers environmentally friendly pcs, displays, projectors, servers, tablets and smartphones — tools our customers need to explore beyond limits and experience more. acer employs 7,400 people and ranks no. 4 for total pcs globally (idc 2013). estimated revenues for 2013 reached us$12.03 billion. acer's channel business model is instrumental to the company's success. acer designs environmentally friendly products and, with its vendors, has established a green supply chain. acer's commercial division is dedicated to the business world, from soho, smb, large enterprise, to public sector and educational sector. acer delivers a full range of hardware and software products to meet the demands of today’s business environment. our goal is to offer revolutionary performan