Acer Reports Q1 2015 Results: Consolidated Revenues NT$67.95B (US$2.16B), Operating Income NT$304M (US$9.68M), Net Income NT$173M (US$5.52M)

Acer announces the financial results of Q1 2015 with consolidated revenues of NT$67.95 billion (US$2.16 billion), operating income of NT$304 million (US$9.68 million), net income (or profits after tax) of NT$173 million (US$5.52 million), and earnings per share (EPS) of NT$0.06.

Acer reports gross profits of NT$6.66 billion (US$212.2 million) up 4.5% year-on-year (YOY), and operating income of NT$304 million (US$9.68 million) - up by NT$177 million (US$5.63 million) YOY, despite the 11.4% decline in consolidated revenues. The results reflect Acer’s effective product mix strategy according to market needs, operating expense control and inventory management.

Acer will hold its annual shareholders meeting on June 23 in Taipei.

Note: The exchange rate was US$1: NT$31.4010.

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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.