Acer Reports Q3 2015 Results: Consolidated Revenues NT$67.24B (US$2.03B), up 11.7% Over Last Quarter; Net Income NT$191M (US$5.76M)

Acer announces the financial results of Q3 2015 with consolidated revenues of NT$67.24 billion (US$2.03 billion) up 11.7% quarter-over-quarter. The net income (or profits after tax) of NT$191 million (US$5.76 million) and earnings per share (EPS) of NT$0.06, both grew over the previous quarter.

Acer’s gross margin fell 2.4% quarter-over-quarter to 8.1% due to promotional activities carried out to face strong competition, resulting in an operating loss of NT$704 million (US$21.26 million).

In the process of Acer’s corporate transformation, the company will continue to optimize operations to enhance efficiency, and to formulate effective product mix strategies for local markets and seasonal marketing promotions to boost product sales.

Note: The spot rate as of September 2015 was used — US$1: NT$ 33.128.
Corporate Financials
About Acer

Founded in 1976, today Acer is one of the world’s top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer’s 7,000+ 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.