Welcome to our dedicated page for ACER S/GDR REG S news (Ticker: ACEYY), a resource for investors and traders seeking the latest updates and insights on ACER S/GDR REG S stock.
Acer Inc. (Symbol: ACEYY) is a leading global information and communication technology (ICT) company, renowned for its innovative and environmentally friendly products. Established in 1976, Acer has committed itself to the research, design, marketing, sale, and support of a wide range of products that enhance people's lives. The company’s product portfolio includes PCs, displays, projectors, servers, tablets, and smartphones. Acer's dedication to creating a more sustainable future is evident through its green supply chain and eco-friendly product designs.
Employing over 7,400 individuals, Acer ranks as the fourth-largest PC vendor globally, according to IDC 2013 data. In 2013, the company reported impressive revenues of USD 12.03 billion. Acer's success is largely attributed to its channel business model, which allows the company to maintain strong relationships with its vendors and customers.
In recent years, Acer has focused on expanding its business through multiple engines, resulting in remarkable growth. For instance, April 2024 revenues reached NT$17.85 billion, marking a 29.1% year-on-year increase. Acer has experienced 10 consecutive months of year-on-year growth, with notable increases in its notebook, desktop, and Chromebook segments.
Acer’s commercial division caters to businesses of all sizes and sectors, delivering a comprehensive range of hardware and software solutions. The company’s commitment to innovation is reflected in its latest product launches, including the Acer Chromebook Plus Spin 714 and Acer Chromebook Plus 516 GE, both featuring advanced AI capabilities for enhanced performance and user experience.
Acer continues to push the boundaries of technology with its AI-powered devices, including new AI servers and solutions showcased at the recent Computex tradeshow. The company's subsidiaries, like Altos Computing Inc. and Acer ITS Inc., are also contributing significantly to its growth through their specialized AI products and services.
Acer’s commitment to sustainability, innovation, and delivering value to its customers positions it as a significant player in the ICT industry, continually striving to enhance people’s lives through technology.
Acer Inc. (TWSE: 2353) announced its Q3 2022 financial results, reporting consolidated revenues of NT$64.89 billion and a net income of NT$1.88 billion, down 37.8% YoY but up 8.8% sequentially. For the year-to-date, revenues totaled NT$215.59 billion with a net income of NT$5.84 billion, reflecting a 32.6% YoY decline. Notably, operating income was NT$829.61 million, with a gross profit margin of 10.1%. Acer reduced its inventory to NT$58.13 billion, enhancing cash flow from operations to NT$11.78 billion.
Acer Inc. reported consolidated revenues of NT$17.46 billion for July, down 5.2% year-to-date at NT$168.18 billion. However, commercial business revenues grew 10.9% year-on-year. The company's strategy to diversify beyond PCs is paying off, with non-PC revenues accounting for 26.6% of total revenues. Significant growth was noted in subsidiaries, such as Acer Gadget Inc. (21% YoY), MPS Energy Inc. (46.5% YoY), Altos Computing Inc. (119.4% YoY), and AcerPure Inc. (75.5% YoY).
Acer Inc. reported Q2 2022 financial results with consolidated revenues of NT$72.32 billion, and a net income of NT$1.72 billion, translating to an EPS of NT$0.58. The gross profit margin was 11.1% while operating income stood at NT$2.17 billion with a 3.0% margin. Inventory decreased to NT$63.44 million. Acer anticipates lower revenues from its PC business in the latter half of the year, although revenues from non-PC businesses rose to 21.1% of total revenue, up from 16.2% a year prior.
Acer Inc. reported consolidated revenues of NT$30.94 billion for June, achieving an 8-year high with a 3.1% YoY and 39.5% MoM growth. For the first half of 2022, revenues totaled NT$150.72 billion, a slight 0.4% YoY decline. The desktop PC business revenue grew 9.3% in June and 15.4% in H1, while the gaming segment saw 25.7% growth in June. Acer's public subsidiaries reported an overall 31.9% YoY increase in Q2 revenues, showcasing a successful strategy to diversify its business.
FAQ
What is the market cap of ACER S/GDR REG S (ACEYY)?
What products does Acer Inc. offer?
How many employees does Acer Inc. have?
What was Acer's revenue in 2013?
What is Acer's ranking in the global PC market?
What are some of Acer's recent achievements?
What is Acer's strategy for sustainability?
Who are Acer's target customers?
What are some of Acer's notable product launches?
What subsidiaries contribute to Acer's growth?
Where can I find more information about Acer Inc.?
