Acer Reports February Consolidated Revenues of NT$22.91 Billion, the Highest in Eight Years

Rhea-AI Summary

Acer Inc. reported consolidated revenues of NT$22.91 billion for February 2022, marking the highest figure in eight years for the month.

This represents a 12.7% year-on-year (YoY) growth. For the year-to-date, revenues reached NT$48.06 billion, up 9.7% YoY. Notably, Acer's public subsidiaries contributed to a 30.6% YoY revenue increase. Key growth areas included desktops (+36.0% YoY), gaming revenue (+32.4% YoY), and commercial business (+41.6% YoY), reflecting Acer's strategy to diversify its business engines.

Positive

• February 2022 revenues reached NT$22.91 billion, highest in eight years.
• Revenue growth of 12.7% year-on-year in February.
• Year-to-February revenues of NT$48.06 billion, up 9.7% YoY.
• Public subsidiaries reported a 30.6% YoY revenue increase.
• Significant growth in specific sectors: desktop (+36.0% YoY), gaming (+32.4% YoY), commercial business (+41.6% YoY).

Negative

• None.

TAIPEI, March 8, 2022 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for February 2022 at NT$22.91 billion, the highest in eight years for the same period. The February revenues grew by 12.7% year-on-year (YoY), and year-to-February revenues of NT$48.06 billion grew by 9.7% YoY. Acer's public subsidiaries have all announced their monthly revenues, with year-to-February revenues growing by 30.6% YoY in total.

Business highlights for year-to-February include:

• Notebook revenues grew 4.6% YoY
• Desktop revenues grew 36.0% YoY
• Display revenues grew 9.8% YoY
• Gaming line^[1] revenues grew 32.4% YoY
• Commercial business ^[2] revenues grew 41.6% YoY
• Acer Gaming Inc. revenues grew 27.7% YoY
• Acer Gadget Inc. revenues grew 19.3% YoY
• MPS Energy Inc. revenues grew 20.4% YoY
• Altos Computing Inc. revenues grew 233.6% YoY

Acer's strategy to establish multiple business engines continues to gain momentum, while the year-to-February revenues of businesses other than PCs and displays grew 22.7% YoY, faster than the overall corporate growth.

[1]   Acer's gaming related products and businesses [2]   Acer's commercial products, 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.

© 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 revenues did Acer report for February 2022?

Acer reported consolidated revenues of NT$22.91 billion for February 2022.

How much did Acer's revenues grow year-on-year in February 2022?

Acer's revenues grew by 12.7% year-on-year in February 2022.

What are Acer's year-to-date revenues as of February 2022?

As of February 2022, Acer's year-to-date revenues reached NT$48.06 billion.

What notable growth did Acer experience in various sectors?

Acer saw notable growth in desktop revenues (+36.0% YoY), gaming revenues (+32.4% YoY), and commercial business revenues (+41.6% YoY).

How did Acer's public subsidiaries perform in terms of revenue growth?

Acer's public subsidiaries reported a total revenue growth of 30.6% year-on-year.