Acer Reports April Consolidated Revenues at NT$19.23 Billion

TAIPEI, TAIWAN (May 10, 2022) Acer Inc. (TWSE: 2353) announced its consolidated revenues for April at NT$19.23 billion, down 22.9% year-on-year (YoY) and by 36.6% month-on-month (MoM). For year-to-April, consolidated revenues reached NT$97.60 billion with 1.1% growth YoY.

The monthly revenue decline was caused by multiple factors, but mainly due to supply-chain disruptions from the ongoing pandemic. Meanwhile, Acer’s business highlights include revenue growth for:

• Commercial notebook business ^[1] grew YoY by 43.9% in April and by 28.5% year-to-date (YTD)
• The Vero green PC business introduced last year grew MoM by 6% in April
• Altos Computing Inc. grew YoY by 114.0% in April and by 271.7% YTD
• The public subsidiaries, in sum, grew YoY by 34.7% and by 36.5% YTD; they have all released their April revenues

Acer’s strategy to build multiple business engines continues its momentum. The new business initiatives contributed to 21.9% of Acer’s total business in April, compared to 14.4% a year ago.

_{[1] ​ Acer’s commercial notebooks excluding Chromebooks}