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Acer Reports January Consolidated Revenues at NT$15.23 Billion, Up 11.7% Year-on-year (YoY), Achieves 7 Months of Consecutive YoY Growth

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Acer Inc. (TWSE: 2353) reported January 2024 consolidated revenues of NT$15.23 billion, marking an 11.7% year-on-year growth. The company achieved seven months of consecutive YoY growth, with notable increases in Chromebooks, desktop, and Altos Computing Inc. revenues. Acer's strategy to diversify its business engines also showed promising results, with non-computer and display businesses contributing 39.2% to the total revenues in January.
Positive
  • Consistent 11.7% YoY revenue growth for seven consecutive months
  • Significant growth in Chromebooks, desktop, and Altos Computing Inc. revenues
  • Diversification strategy yielding positive results with non-computer and display businesses contributing 39.2% to total revenues
Negative
  • None.

TAIPEI, Feb. 7, 2024 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its January 2024 consolidated revenues at NT$15.23 billion with 11.7% growth year-on-year (YoY), achieving seven months of consecutive YoY growth.

Some business highlights for January:

  • Chromebooks business revenues grew 39.3% YoY
  • Desktop business revenues grew 16.8% YoY
  • Altos Computing Inc. revenues grew 85.7% YoY

Acer's strategy to expand multiple business engines continued to gain momentum. Total revenues from businesses other than computers and displays contributed 39.2% YoY of the group's total revenues in January.

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 7,700 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.

© 2023 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 Inc.'s January 2024 consolidated revenues?

Acer Inc.'s January 2024 consolidated revenues were NT$15.23 billion.

What was the year-on-year revenue growth for Acer Inc. in January 2024?

Acer Inc. achieved an 11.7% year-on-year revenue growth in January 2024.

Which business segments showed significant revenue growth for Acer Inc. in January 2024?

Chromebooks, desktop, and Altos Computing Inc. revenues saw notable growth for Acer Inc. in January 2024.

What percentage of Acer Inc.'s total revenues in January 2024 came from businesses other than computers and displays?

39.2% of Acer Inc.'s total revenues in January 2024 came from businesses other than computers and displays.

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