Acer Reports Q2 2018 Results: Highest Net Income of NT$881 Million for Q2 in Eight Years

TAIPEI, TAIWAN -  Acer Inc. (TWSE: 2353) announced today its financial results for Q2 2018: consolidated revenues were NT$58.48 billion, growing 9.1% year-on-year; gross profits were NT$6.43 billion with 11% margin; operating income was NT$930 million with 1.6% margin; earnings before tax1 were NT$1.19 billion; net income2 was NT$881 million, marking the highest for the second quarter over eight years3; and earnings per share (EPS) were NT$0.29.

Acer’s double-digit gross margin over several quarters demonstrates the steady momentum of operations, while its gaming line4 was one of the key contributors of revenue growth.

1 Earnings before tax is reported as profit-before-tax in Acer’s financial statements
2 Net income is reported as profit-after-tax in Acer’s financial statements
3 The highest net income for the second quarter over eight years, from 2011
4 Acer's gaming line includes notebooks, desktops and displays

Corporate Financials
About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,500 employees are dedicated to the research, design, marketing, sale, and support of products and solutions that break barriers between people and technology. Please visit www.acer.com for more information.