Acer Reports January Consolidated Revenues of NT$25.16 Billion, Reaching an Eight-year High

Rhea-AI Summary

Acer Inc. reported consolidated revenues of NT$25.16 billion for January 2022, marking an eight-year high for the month. This represents a 7.1% year-on-year growth, despite a 14.8% month-on-month decline attributed to seasonal factors. The company continues to face logistics challenges, although semiconductor shortages are easing. Key revenue increases include a 28.7% growth in gaming products, 40.7% for desktops, and 18.6% for commercial PCs. Additionally, non-PC revenues accounted for 19.0% of total sales, up from 16.1% last year.

Positive

• January revenues reached NT$25.16 billion, the highest in eight years.
• 7.1% year-on-year revenue growth.
• Gaming line revenues increased by 28.7% year-on-year.
• Desktops and commercial PCs saw revenue growth of 40.7% and 18.6% respectively.
• Non-PC and display revenues rose to 19.0% of total revenues.

Negative

• 14.8% month-on-month revenue decline due to seasonality.
• Ongoing logistics issues remain a bottleneck.

TAIPEI, Feb. 10, 2022 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for January 2022 at NT$25.16 billion to reach an eight-year high for the same period. The January revenues grew by 7.1% year-on-year (YoY), and declined by 14.8% month-on-month due to seasonality. Logistics issues continue to be a bottleneck, while semi-conductor shortages are easing.

Business highlights for January include:

• Gaming line^[1]: revenues grew 28.7% YoY
• Desktops: revenues grew 40.7% YoY
• Commercial PCs (desktop and notebooks): revenues grew 18.6% YoY
• Displays: revenues grew 15.3% YoY

Acer's strategy to build multiple business engines continues to gain momentum. Meanwhile, businesses other than PCs and displays contributed to 19.0% of total revenues, compared to 16.1% contribution in January 2021.

Among the Acer Group subsidiaries, the publicly-listed companies have all announced their January revenues, while Acer Gaming's revenues grew by 29.3% YoY and Acer Gadget's revenues grew by 24.9% YoY.

^[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 in January 2022?

Acer reported consolidated revenues of NT$25.16 billion for January 2022.

How did Acer's revenues compare year-on-year for January 2022?

Acer's January 2022 revenues grew by 7.1% year-on-year.

What was the month-on-month change in Acer's revenues for January 2022?

Acer experienced a 14.8% decline in revenues month-on-month due to seasonality.

Which product lines saw revenue growth for Acer in January 2022?

Acer's gaming line grew by 28.7%, desktops by 40.7%, and commercial PCs by 18.6%.

What percentage of Acer's total revenues came from non-PC businesses in January 2022?

Non-PC businesses contributed 19.0% to Acer's total revenues in January 2022.