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

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.