Acer Reports March Consolidated Revenues of NT$23.55 Billion, Up 62.8% Month-on-month
First quarter preliminary consolidated revenues reached NT$54.68 billion
TAIPEI,April 9,2019 -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for March at NT$23.55 billion,up 3.9% year-on-year (YoY) or by 62.8% month-on-month. Preliminary consolidated revenues for the first quarter 2019 reached NT$54.68 billion,which was flattish YoY (down 0.22%),or down 14.11% quarter-on-quarter due to seasonality.
The global CPU supply shortage continued to impact on core business operations throughout the first quarter,however,Acer's gaming line[1]maintained its strong momentum with 37% growth in revenue YoY.
Meanwhile,Acer's dual transformation with multiple growth engines has resulted in healthy operations for businesses including AOPEN,Acer Cyber Security,Altos Computing,and the gadget business,which have all achieved double-digit revenue growth YoY.
Acer will be unveiling on April 11 its range of new devices and solutions for the back-to-school season at the next@acer global press conference,which will be livestreamed from New York. For more information,visit www.acer.com/nextatacer.
[1]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.
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