Acer Reports Q2 2018 Results: Highest Net Income of NT$881 Million for Q2 in Eight Years

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TAIPEI, Taiwan, Aug. 8, 2018 /PRNewswire/ — Acer Inc. (TWSE: 2353) announced today its financial results for Q2 2018: consolidated revenues were NT$58.48 billion, growing 9.1% year-on-year; gross profits were NT$6.43 billion with 11% margin; operating income was NT$930 million with 1.6% margin; earnings before tax[1] were NT$1.19 billion; net income[2] was NT$881 million, marking the highest for the second quarter over eight years[3]; and earnings per share (EPS) were NT$0.29.

Acer’s double-digit gross margin over several quarters demonstrates the steady momentum of operations, while its gaming line[4] was one of the key contributors of revenue growth.

[1] Earnings before tax is reported as profit-before-tax in Acer’s financial statements

[2] Net income is reported as profit-after-tax in Acer’s financial statements

[3] The highest net income for the second quarter over eight years, from 2011

[4] Acer’s gaming line includes notebooks, desktops and displays

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.

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SOURCE Acer Incorporated