Acer Announces Q3’24 Consolidated Revenues at NT$72.58 Billion, Highest Quarter Post-Pandemic
TAIPEI (October 9, 2024) Acer Inc. (TWSE: 2353) announced its consolidated revenues for September at NT$26.31 billion with 15.3% month-on-month growth. Third quarter consolidated revenues reached NT$72.58 billion with 7.6% year-on-year (YoY) and 8.1% quarter-on-quarter growth. Consolidated revenues for year-to-September reached NT$198.59 billion with 11.5% YoY growth, while revenues from the personal computers [1] and display business grew 11.3% YoY year-to-September.
Acer’s strategy to expand multiple business engines continued to gain momentum. Total revenues from businesses other than computers and displays contributed 26.9% of the group’s total revenues in Q3 with 20.0% YoY growth, and 28.0% year-to-September with 15.7% YoY growth. Acer’s public subsidiaries have announced their September revenues; some highlights for businesses under incubation include:
- Altos Computing Inc., specializing in AI server and workstations, its revenues grew 24.8% YoY in Q3, and 75.8% YoY year-to-September
- Acerpure Inc. revenues grew 91.1% YoY in Q3, and 47.4% YoY year-to-September
- Acer ITS Inc. revenues grew 59.7% YoY in Q3, and 34.0% YoY year-to-September
Acer has announced its 2023 Sustainability Report, which highlights its key achievements in environmental, social and governance (ESG), and the progress to source 100% renewable electricity by 2035 and reach net zero emissions by 2050.
[1] Personal computers business includes desktop and notebooks