Acer Reports December Consolidated Revenues of NT$29.52 Billion, Marking the Highest December in Nine Years

Rhea-AI Summary

Acer Inc. reported consolidated revenues of NT$29.52 billion for December 2021, marking the highest level in nine years and reflecting a 4.0% year-over-year growth. For Q4 2021, revenues reached NT$86.38 billion, a 4.6% YoY increase, with a full-year total of NT$318.85 billion, growing 15.1% YoY. Key drivers included notable increases in gaming revenues (19.8% YoY) and commercial notebooks (40.1% YoY), while non-PC businesses contributed 17.6% to total revenues.

Positive

• December 2021 revenues reached NT$29.52 billion, highest in nine years.
• Q4 2021 consolidated revenues were NT$86.38 billion, a 4.6% YoY increase.
• Full-year 2021 revenues totaled NT$318.85 billion, growing 15.1% YoY.
• Gaming line revenues grew 19.8% YoY and 10.9% QoQ.
• Commercial notebooks revenues increased 40.1% YoY and 15.6% QoQ.
• Non-PC businesses contributed 17.6% to total revenues.

Negative

• None.

TAIPEI, Jan. 7, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for December 2021 at NT$29.52 billion, marking the highest in nine years for the same period, and growing by 4.0% year-over-year (YoY) and by 2.3% month-over-month (MoM). Preliminary consolidated revenues for Q4'21 ended at NT$86.38 billion, with 4.6% growth YoY and 6.5% quarter-over-quarter (QoQ), and for full year 2021 ended at NT$318.85 billion with 15.1% growth YoY.

Business highlights for Q4'21 include:

• Gaming line^[1]: Revenues grew 19.8% YoY and 10.9% QoQ
• Commercial notebooks: Revenues grew 40.1% YoY and 15.6% QoQ
• Altos Computing: Revenues grew 24.8% YoY and 5.3% QoQ
• Businesses other than PCs and displays: Revenues grew 26.6% YoY

Business highlights for full year 2021 include:

• Notebook PCs: Revenues grew 20.8%
• Desktop PCs: Revenues grew 20.9%
• Gaming line^[1]: Revenues grew 26.6%
• Commercial notebooks: Revenues grew 43.2%
• Businesses other than PCs and displays: Revenues grew 27.0%

Acer's strategy to build multiple business engines continues to gain momentum. In full year 2021, businesses other than PCs and displays contributed to 17.6% of total revenues, compared to 15.4% contribution in 2020.

[1]  Acer's 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.

© 2022 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 December 2021?

Acer reported consolidated revenues of NT$29.52 billion for December 2021.

How did Acer perform in Q4 2021?

In Q4 2021, Acer's revenues reached NT$86.38 billion, a 4.6% increase year-over-year.

What is Acer's total revenue for 2021?

Acer's total revenue for the full year 2021 was NT$318.85 billion, an increase of 15.1% year-over-year.

What growth did Acer's gaming line experience?

Acer's gaming line revenues grew by 19.8% year-over-year and 10.9% quarter-over-quarter.

What was the contribution of non-PC businesses to Acer's revenues?

Non-PC businesses contributed 17.6% to Acer's total revenues in 2021.