Acer Announces Q3 2017 Consolidated Revenues

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.

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About Acer

Founded in 1976, Acer is one of the world’s top technology companies with a presence in more than 160 countries. The company continues to evolve by embracing innovation across its offerings, which include computers and displays, while branching out to new businesses. Acer is also committed to sustainable growth, exploring new opportunities that align with its environmental and social responsibilities. The Acer Group employs over 9,000 employees that contribute to the research, design, marketing, sales and support of products, solutions, and services that break barriers between people and technology. Visit www.acer.com for more information.

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