Acer Reports Q2 2018 Results: Highest Net Income of NT$881 Million for Q2 in Eight Years

TAIPEI,Aug. 8,2018 -- Acer Inc. (TWSE: 2353) announced today its financial results for Q2 2018: consolidated revenues were NT$58.48 billion,growing 9.1% year-on-year; gross profits were NT$6.43 billion with 11% margin; operating income was NT$930 million with 1.6% margin; earnings before tax[1] were NT$1.19 billion; net income[2] was NT$881 million,marking the highest for the second quarter over eight years[3]; and earnings per share (EPS) were NT$0.29.

Acer's double-digit gross margin over several quarters demonstrates the steady momentum of operations,while its gaming line[4] was one of the key contributors of revenue growth.

[1] Earnings before tax is reported as profit-before-tax in Acer's financial statements

[2] Net income is reported as profit-after-tax in Acer's financial statements

[3] The highest net income for the second quarter over eight years,from 2011

[4] 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.comfor more information.

© 2018 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.

View original content with multimedia:/news-releases/acer-reports-q2-2018-results-highest-net-income-of-nt881-million-for-q2-in-eight-years-300693920.html