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Acer Reports 9.1% YoY Growth in Consolidated Revenues for Q2 2018

2018-07-09 20:55

June revenues grew 25.3% over the previous month

TAIPEI, , July 9, 2018 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced today its consolidated revenues for the second quarter at NT$58.47 billion, up 9.1% YoY, and up 6.7% over the previous quarter. It also reported revenues for June at NT$23.48 billion, up 25.3% over the previous month, and up 10.6% year-on-year (YoY).

Acer's gaming line[1] was a key contributor to the growth, growing 107% in terms of revenue for the first half of the year. Another bright spot was its Chromebook line which saw double-digit growth.

In the second quarter, Acer saw double-digit revenue growth YoY in the Pan-America and Pan-Asia Pacific regions, with a notable growth of nearly 20% in the US market.

About Acer

Founded in 1976, Acer now is one of the world's top ICT companies and has a presence in over 160 countries. As Acer looks into the future, it is focused on enabling a world where hardware, software and services will fuse with one another to open up new possibilities for consumers and businesses alike. From service-oriented technologies to the Internet of Things to gaming and virtual reality, Acer's 7,000+ 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.

© 2018 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.

[1] Acer's gaming line includes notebooks, desktops and displays

 

Cision View original content with multimedia:http://www.prnewswire.com/news-releases/acer-reports-9-1-yoy-growth-in-consolidated-revenues-for-q2-2018--300677635.html

Source: Acer Incorporated

Related stocks: OTC:ACEYY Taiwan:2353

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