Acer Reports April Consolidated Revenues at NT$24.95 Billion, Up 26.3% YoY; Year-to-April Revenues Grew by 40.7% YoY

Rhea-AI Summary

Acer Inc. reported consolidated revenues of NT$24.95 billion for April 2021, reflecting a 26.3% increase year-on-year (YoY). Year-to-date revenues reached NT$96.51 billion, a 40.7% YoY growth. Key product line performances include a 39.5% increase in notebooks, 37.3% growth in monitors, and a remarkable 119.9% surge in gaming products for April. The company's subsidiaries also performed well, with Highpoint Service Network increasing by 141.8%, GadgeTek by 57.2%, and Acer ITS by 102.1% YoY.

Positive

• Consolidated revenues for April at NT$24.95 billion, up 26.3% YoY.
• Year-to-date revenues reached NT$96.51 billion, up 40.7% YoY.
• Notebooks up 39.5% YoY in April.
• Monitors grew 37.3% YoY in April.
• Gaming line surged by 119.9% YoY in April.
• Highpoint Service Network reported 141.8% YoY growth.
• GadgeTek grew by 57.2% YoY.
• Acer ITS increased by 102.1% YoY.

Negative

• None.

TAIPEI, May 10, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for April at NT$24.95 billion, up 26.3% year-on-year (YoY). For year-to-April, consolidated revenues were NT$96.51 billion, up 40.7% YoY. Among the product lines:

• Notebooks grew by 39.5% YoY in April
• Monitors grew by 37.3% YoY in April
• Gaming line ^[1] grew by 119.9% YoY in April

Acer's multiple business engines continue their momentum, and the listed subsidiaries all announced their revenues for April and year-to-date. In addition, for April, Highpoint Service Network grew by 141.8% YoY, GadgeTek grew by 57.2% YoY, and Acer ITS grew by 102.1% YoY.

[1]  Includes gaming related products and businesses

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.

© 2021 Acer Inc. All rights reserved. Acer and the Acer logo are registered trademarks of Acer Inc. Other trademarks, registered trademarks, and/or service marks, indicated or otherwise, are the property of their respective owners. All offers subject to change without notice or obligation and may not be available through all sales channels. Prices listed are manufacturer suggested retail prices and may vary by location. Applicable sales tax extra.

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SOURCE Acer

FAQ

What were Acer's consolidated revenues for April 2021?

Acer's consolidated revenues for April 2021 were NT$24.95 billion, representing a 26.3% increase year-on-year.

How did Acer perform in the first four months of 2021?

For the year-to-date until April 2021, Acer reported consolidated revenues of NT$96.51 billion, up 40.7% year-on-year.

What was the growth percentage for Acer's gaming line in April 2021?

Acer's gaming line experienced a significant growth of 119.9% year-on-year in April 2021.

Which subsidiary saw the highest revenue growth in April 2021?

Highpoint Service Network saw the highest revenue growth in April 2021 at 141.8% year-on-year.

What was the performance of Acer's notebook sales in April 2021?

Notebooks grew by 39.5% year-on-year in April 2021.