Acer Reports August Consolidated Revenues at NT$27.10 Billion, Up 24% Year-to-August

Rhea-AI Summary

Acer Inc. reported August revenues of NT$27.10 billion, marking a 3.84% increase month-on-month. Year-to-date, consolidated revenues reached NT$204.54 billion, reflecting a 24.0% year-on-year growth. Key business areas include:

• Gaming revenue up 35.1% YoY
• Chromebook revenue up 63.4% YoY
• Commercial notebooks up 51.9% YoY
• Monitor revenue up 18.1% YoY

Acer's subsidiaries also demonstrated overall YoY growth while new ventures, like Altos Computing, grew 47.2% YoY.

Positive

• August revenues increased by 3.84% month-on-month.
• Year-to-date revenues showed 24.0% YoY growth.
• Gaming line revenue grew by 35.1% YoY.
• Chromebook revenue surged by 63.4% YoY.
• Commercial notebook revenue increased by 51.9% YoY.
• Monitor revenue experienced an 18.1% YoY growth.
• Altos Computing's revenue grew 47.2% YoY.

Negative

• None.

TAIPEI, Sept. 8, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its August revenues at NT$27.10 billion, up 3.84% month-on-month. For year-to-August, consolidated revenues reached NT$204.54 billion with 24.0% year-on-year (YoY) growth.

Acer continues to see demand remaining higher than supply, and the business highlights for year-to-August are:

• Gaming line^[1] revenue grew by 35.1% YoY
• Chromebook revenue grew by 63.4% YoY
• Commercial notebook revenue grew by 51.9% YoY
• Monitor revenue grew by 18.1% YoY

For August revenues, Acer's publicly listed subsidiaries all showed YoY growth, while new businesses under incubation also accelerated their momentum, such as Altos Computing with 47.2% YoY growth, which specializes in the workstation and server business.

[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 revenues for August 2021?

Acer reported August revenues of NT$27.10 billion.

How much did Acer's revenues grow in August 2021 compared to July 2021?

Acer's revenues increased by 3.84% month-on-month in August.

What is the year-to-date revenue for Acer up to August 2021?

Acer's year-to-date consolidated revenues reached NT$204.54 billion.

What was the year-on-year revenue growth for Acer in August 2021?

Acer's year-on-year revenue growth for the year-to-August period was 24.0%.

How did Acer's gaming revenue perform in August 2021?

Acer's gaming line revenue grew by 35.1% year-on-year.

What was the revenue growth for Acer's Chromebook segment?

Chromebook revenue increased by 63.4% year-on-year.

What are the revenue growth percentages for Acer's commercial notebooks and monitors?

Commercial notebook revenue grew by 51.9% YoY, while monitor revenue increased by 18.1% YoY.

Which Acer subsidiary reported significant revenue growth in August 2021?

Altos Computing, specializing in workstation and server business, reported a 47.2% YoY revenue growth.