Acer Reports February Consolidated Revenues of NT$14.47 Billion
March 11, 2019
TAIPEI, TAIWAN - Acer Inc. (TWSE: 2353) announced today its consolidated revenues for February, 2019 at NT$14.47 billion, down 5.2 percent year-on-year (YoY) and down 13.1 percent month-on-month, impacted by the continued CPU supply shortage. For year-to-February, consolidated revenues were NT$31.13 billion, down 3.1% YoY.
Acer’s focus on gaming continued to bear fruit, with its gaming line1 seeing 40.6 percent revenue growth YoY for February, and 35.9 percent revenue growth YoY year-to-February. Acer’s monitor and gadget businesses, subsidiaries such as AOPEN Incorporated and Acer Cyber Security Incorporated all achieved double-digit YoY growth.
Acer will hold its 2019 Q1 Board of Director’s meeting on March 20 to review and approve the financial results for the fiscal annual year and fourth quarter 2018 financial statements.
1 Acer's gaming line includes notebooks, desktops and displays