Corporate, Financials

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)

TAIPEI, TAIWAN (November 5, 2015) 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.

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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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