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Acer Inc Stock Price, News & Analysis

ACEYY OTC

Welcome to our dedicated page for Acer news (Ticker: ACEYY), a resource for investors and traders seeking the latest updates and insights on Acer stock.

Acer Inc. (ACEYY) maintains its position as a global leader in ICT solutions through continuous innovation in computing hardware and sustainable technology. This news hub provides investors and technology professionals with essential updates on corporate developments, product launches, and strategic initiatives.

Access real-time announcements covering earnings disclosures, AI-powered device releases, environmental initiatives, and partnership agreements. Our curated collection ensures you stay informed about Acer's advancements in gaming systems, business computing solutions, and eco-friendly manufacturing practices.

Discover official press releases detailing innovations in Chromebook education tools, server infrastructure upgrades, and display technology breakthroughs. The repository includes updates on Acer's green supply chain progress and global market expansion efforts across 160+ countries.

Bookmark this page for streamlined access to verified information about ACEYY's performance in competitive ICT markets. Regular updates ensure you never miss critical developments affecting one of Taiwan's most established technology innovators.

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Acer Inc. (TWSE: 2353) announced its Q3 2022 financial results, reporting consolidated revenues of NT$64.89 billion and a net income of NT$1.88 billion, down 37.8% YoY but up 8.8% sequentially. For the year-to-date, revenues totaled NT$215.59 billion with a net income of NT$5.84 billion, reflecting a 32.6% YoY decline. Notably, operating income was NT$829.61 million, with a gross profit margin of 10.1%. Acer reduced its inventory to NT$58.13 billion, enhancing cash flow from operations to NT$11.78 billion.

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Acer Inc. reported consolidated revenues of NT$17.46 billion for July, down 5.2% year-to-date at NT$168.18 billion. However, commercial business revenues grew 10.9% year-on-year. The company's strategy to diversify beyond PCs is paying off, with non-PC revenues accounting for 26.6% of total revenues. Significant growth was noted in subsidiaries, such as Acer Gadget Inc. (21% YoY), MPS Energy Inc. (46.5% YoY), Altos Computing Inc. (119.4% YoY), and AcerPure Inc. (75.5% YoY).

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Acer Inc. reported Q2 2022 financial results with consolidated revenues of NT$72.32 billion, and a net income of NT$1.72 billion, translating to an EPS of NT$0.58. The gross profit margin was 11.1% while operating income stood at NT$2.17 billion with a 3.0% margin. Inventory decreased to NT$63.44 million. Acer anticipates lower revenues from its PC business in the latter half of the year, although revenues from non-PC businesses rose to 21.1% of total revenue, up from 16.2% a year prior.

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Acer Inc. reported consolidated revenues of NT$30.94 billion for June, achieving an 8-year high with a 3.1% YoY and 39.5% MoM growth. For the first half of 2022, revenues totaled NT$150.72 billion, a slight 0.4% YoY decline. The desktop PC business revenue grew 9.3% in June and 15.4% in H1, while the gaming segment saw 25.7% growth in June. Acer's public subsidiaries reported an overall 31.9% YoY increase in Q2 revenues, showcasing a successful strategy to diversify its business.

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FAQ

What is the market cap of Acer (ACEYY)?

The market cap of Acer (ACEYY) is approximately 3.3B.
Acer Inc

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ACEYY Stock Data

3.26B
600.22M
Computer Hardware
Technology
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Taiwan
New Taipei City