Acer Reports Q3 2018 Results: Highest Operating Income of NT$1.17 Billion for Q3 in Eight Years

TAIPEI,Nov. 7,2018 -- Acer Inc. (TWSE: 2353) announced today its financial results for Q3 2018: consolidated revenues were NT$65.33 billion,growing 7.8% year-on-year; gross profits were NT$6.89 billion with 10.6% margin; operating income was NT$1.17 billion,marking the highest for the third quarter over eight years[1],with 1.8% margin; earnings before tax[2] were NT$1.19 billion; net income[3] was NT$912 million; and earnings per share (EPS) were NT$0.3.

In the third quarter,Acer saw YoY revenue growth across all three regions (Pan-America,EMEA,and Pan-Asia Pacific),with outstanding year-to-September sales in the US,Russia,and Southeast Asia.

For year-to-Q3 results Acer also demonstrated its steady momentum of operations with net income of NT$2.5 billion,up 42.5% YoY,and EPS of NT$0.83.

[1] The highest operating income for the third quarter over eight years,from 2011

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

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

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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