Acer Reports February 2021 Consolidated Revenues at NT$20.32 Billion, Up 80.9% Year-on-Year

Rhea-AI Summary

Acer Inc. (TWSE: 2353) reported consolidated revenues of NT$20.32 billion for February 2021, marking a significant 80.9% YoY growth. The year-to-February revenue reached NT$43.81 billion, reflecting 76.8% growth YoY. Key sectors driving this growth include:

• Gaming line: 91.3% growth in February, 102.4% YTD
• Chromebooks: 631.3% growth in February, 454.7% YTD
• Monitors: 56.7% growth in February, 69.9% YTD
• Desktops: 34.3% growth in February, 25.9% YTD
• Creator PCs: 288.4% growth in February, 263.0% YTD

Positive

• Consolidated revenues increased by 80.9% YoY in February 2021.
• Gaming line revenues grew by 91.3% in February, and 102.4% YTD.
• Chromebooks saw an impressive 631.3% growth in February and 454.7% YTD.
• Subsidiaries reported YoY revenue growth, indicating strong overall performance.
• GadgeTek achieved 385.3% YoY revenue growth in February.

Negative

• None.

TAIPEI,, March 9, 2021 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for February 2021 at NT$20.32 billion, up 80.9% year-on-year (YoY). Year-to-February revenues reached NT$43.81 billion to mark 76.8% growth YoY.

Business highlights include YoY revenue growth for:

• Gaming line^[1] by 91.3%  in February, and by 102.4% year-to-date (YTD)
• Chromebooks by 631.3% in February, and by 454.7% YTD
• Monitors by 56.7% in February, and by 69.9% YTD
• Desktops by 34.3% in February, and by 25.9% YTD
• Creator PCs by 288.4% in February, and by 263.0% YTD

Meanwhile, Acer's strategy to build multiple business engines continued their momentum. The listed subsidiaries have all reported YoY growth in their February revenues, including AOPEN, Acer Cyber Security, Acer Synergy Tech, Weblink International, and Acer e-Enabling Business. Other new businesses initiatives under incubation also made good progress, such as GadgeTek with 385.3% YoY revenue growth in February and Highpoint with 43.4% YoY revenue growth in February.

[1] Acer's gaming line includes desktops, notebooks, and monitors

About Acer

Founded in 1976, Acer now is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer's 7,000+ 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 February 2021?

Acer reported consolidated revenues of NT$20.32 billion for February 2021.

How much did Acer's revenues grow year-on-year in February 2021?

Acer's revenues grew by 80.9% year-on-year in February 2021.

What is the year-to-date revenue growth for Acer as of February 2021?

Acer's year-to-date revenues reached NT$43.81 billion, marking a 76.8% growth year-on-year.

Which product line had the highest revenue growth for Acer in February 2021?

The Chromebook line had the highest revenue growth, with a 631.3% increase in February 2021.

What were the February 2021 revenue growth percentages for Acer's gaming line?

Acer's gaming line revenue grew by 91.3% in February 2021.