Acer Reports Q3 2018 Results: Highest Operating Income of NT$1.17 Billion for Q3 in Eight Years

TAIPEI, TAIWAN - Acer Inc. (TWSE: 2353) announced today its financial results for Q3 2018: consolidated revenues were NT$65.33 billion, growing 7.8% year-on-year; gross profits were NT$6.89 billion with 10.6% margin; operating income was NT$1.17 billion, marking the highest for the third quarter over eight years1, with 1.8% margin; earnings before tax2 were NT$1.19 billion; net income3 was NT$912 million; and earnings per share (EPS) were NT$0.3.

In the third quarter, Acer saw YoY revenue growth across all three regions (Pan-America, EMEA, and Pan-Asia Pacific), with outstanding year-to-September sales in the US, Russia, and Southeast Asia.

For year-to-Q3 results Acer also demonstrated its steady momentum of operations with net income of NT$2.5 billion, up 42.5% YoY, and EPS of NT$0.83.

1 The highest operating income for the third quarter over eight years, from 2011
2 Earnings before tax is reported as profit-before-tax in Acer’s financial statements
3 Net income is reported as profit-after-tax in Acer’s financial statements

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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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