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. reported its Q1 2022 financial results, achieving consolidated revenues of NT$78.38 billion, a 9.5% year-over-year increase. Gross profits were NT$8.85 billion, with a margin of 11.3%. The operating income hit a 12-year high at NT$2.91 billion with a 3.7% margin, while net income was NT$2.23 billion and EPS was NT$0.74. Business faced challenges due to the Russia-Ukraine conflict and pandemic-related supply-chain disruptions. Despite these hurdles, the eco-friendly Aspire Vero laptop gained international acclaim with multiple design awards.
Acer Inc. has suspended its business operations in Russia due to ongoing conflicts and is prioritizing employee safety. The company's March consolidated revenues reached NT$30.31 billion, marking a 9.2% year-on-year increase. The first quarter revenues totaled NT$78.37 billion, up 9.5% year-on-year, the highest in nine years. Key growth areas included a 25.9% rise in gaming revenues and a 36.9% increase in commercial revenues. Overall, revenues from non-PC sectors grew 32.1% year-on-year.
Acer Inc. reported its fourth quarter and full year financial results for 2021, showcasing a recovery with consolidated revenues of NT$86.53 billion for Q4 and NT$319.01 billion for the year. The company achieved a net income of NT$2.24 billion in Q4 and a total of NT$10.90 billion for the year, marking the highest net income in 11 years. Earnings per share (EPS) stood at NT$0.75 for Q4 and NT$3.63 for the year. A cash dividend of NT$2.28 per share was approved, reflecting a 52% YoY increase.
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.
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.
Acer Inc. reported consolidated revenues of NT$29.52 billion for December 2021, marking the highest level in nine years and reflecting a 4.0% year-over-year growth. For Q4 2021, revenues reached NT$86.38 billion, a 4.6% YoY increase, with a full-year total of NT$318.85 billion, growing 15.1% YoY. Key drivers included notable increases in gaming revenues (19.8% YoY) and commercial notebooks (40.1% YoY), while non-PC businesses contributed 17.6% to total revenues.
Acer Inc. reported consolidated revenues of NT$28.85 billion for November 2021, the highest in eight years for the month, reflecting a 3.0% month-over-month and 0.5% year-over-year increase. Year-to-date revenues reached NT$289.3 billion, representing a 16.3% year-over-year growth. Noteworthy sectors include a 13.1% year-over-year increase in gaming revenues and a remarkable 186.1% year-over-year growth in rugged products for November. Business incubation efforts also showed significant revenue growth, particularly in MPS Energy, with an extraordinary increase of 571.1%.
Acer Inc. reported October 2021 consolidated revenues of NT$28.01 billion, the highest in seven years, and a year-on-year increase of 9.8%. For the year-to-date, revenues reached NT$260.48 billion, up 18.4% YoY. Key business highlights include a 20.2% increase in gaming revenue, 54.5% growth in desktop PC sales, and 4.8% growth in notebook PCs. Non-PC related businesses contributed 17.1% to total revenues, with Altos Computing and MPS Energy achieving remarkable growth of 155.8% and 611.9% respectively.
Acer Inc. reported robust financial results for Q3 2021, with consolidated revenues of NT$81.14 billion and net income of NT$3.02 billion, the highest recorded in 11 years. The gross profit was NT$9.37 billion (11.5% margin), and operating income reached NT$3.47 billion (4.27% margin). For the first nine months of 2021, net income was NT$8.66 billion, and EPS was NT$2.88, both doubling the performance from the previous year. Acer continues to address supply chain issues while launching innovative products for the gaming and creator markets.
Acer Inc. reported September consolidated revenues of NT$27.93 billion, totaling NT$232.47 billion for the year-to-date, reflecting a 19.5% year-on-year growth. For Q3 2021, revenues reached NT$81.13 billion, the highest in seven years. Key highlights include significant revenue growth across product categories: 29.8% for notebooks, 42.7% for Chromebooks, and 44.7% for commercial notebooks. Acer's subsidiaries also showed strong growth, with a 29.0% increase overall. The company will showcase innovations at its next@acer global press conference on October 13.
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.?
