Acer Reports April Consolidated Revenues at NT$19.23 Billion

TAIPEI, May 10, 2022 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for April at NT$19.23 billion, down 22.9% year-on-year (YoY) and by 36.6% month-on-month (MoM). For year-to-April, consolidated revenues reached NT$97.60 billion with 1.1% growth YoY.

The monthly revenue decline was caused by multiple factors, but mainly due to supply-chain disruptions from the ongoing pandemic. Meanwhile, Acer's business highlights include revenue growth for:

• Commercial notebook business ^[1] grew YoY by 43.9% in April and by 28.5% year-to-date (YTD)
• The Vero green PC business introduced last year grew MoM by 6% in April
• Altos Computing Inc. grew YoY by 114.0% in April and by 271.7% YTD
• The public subsidiaries, in sum, grew YoY by 34.7% and by 36.5% YTD; they have all released their April revenues

Acer's strategy to build multiple business engines continues its momentum. The new business initiatives contributed to 21.9% of Acer's total business in April, compared to 14.4% a year ago.

[1]  Acer's commercial notebooks excluding Chromebooks

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.

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SOURCE Acer