Acer Reports Q1’21 Net Income at NT$2.74 Billion Marking Its Highest Quarterly Earnings in 10 Years; and EPS of NT$0.91

 

 

TAIPEI, TAIWAN (May 5, 2021) Acer Inc. (TWSE: 2353) announced its financial results for the first quarter of 2021. Consolidated revenues reached NT$71.56 billion, up 46.5% year-over-year (YoY); gross profits were NT$8.31 billion, up 67.9% YoY with 11.6% margin. The operating income was NT$2.81 billion with a historical-high Q1 margin of 3.9%; net income [1] was NT$2.74 billion, the highest quarterly earnings in 10 years[2] with 3.8% margin; and earnings per share (EPS) was NT$0.91.

 

[1] Net income is reported as profit-after-tax in Acer’s financial statements
[2] Since Q1 2011

 

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Acer Incorporated

 

 

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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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