Browse categories
CSR Corporate Financials Gaming Product next@acer

Acer Announces Q3 2017 Consolidated Revenues

Wednesday, October 11, 2017 — TAIPEI, TAIWAN - Acer (TWSE: 2353) announced today Q3 2017 consolidated revenues of NT$60.58 billion, marking year-on-year (YoY) growth of 3.4% in terms of NT$, and by 8.3% measured in US$. For the month of September, consolidated revenues reached its highest so far in 2017 with NT$22.36 billion, down 0.8% YoY in terms of NT$, and up 3.6% measured in US$. For year to date (Q1-Q3), consolidated revenues reached NT$170.24 billion, down 0.5% YoY in terms of NT$, but up 5.8% in US$.

Q3 2017 YoY revenue growth is attributable to the following:

- Acer’s gaming product revenue grew by 168% YoY and contributed more than 10% to the company’s total revenues.

- Revenue from Latin America operations grew by 30% YoY, with Brazil taking the lead.

- Windows-based Commercial notebook revenue grew by 40% YoY.

- Chromebook revenue grew by 27% YoY.

- New business revenue, including Acer’s cloud and e-business grew by 30% YoY.

Overall these results illustrate Acer’s strong business momentum resulting from its precise strategies in gaming and commercial business.

Financials
About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 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.com for more information. 

Privacy requests
Prezly: PR Software for Consumer Electronics