Acer Reports Q1 2017 Results

1 min read

The FINANCIAL — Acer Inc. announced on May 11 the financial results for Q1 2017 with consolidated revenues of NT$56.05 billion (US$1.85 billion); operating income of NT$456 million (US$15.02 million) with 0.8% margin and NT$323 million (US$10.62 million) gain quarter-on-quarter; net income (or profits after tax) of NT$63 million (US$2.07 million); and earnings per share (EPS) of NT$0.02.

The company also reported a non-operating loss that includes NT$522 million (US$17.19 million) loss due to foreign exchange fluctuation, according to Acer.

Acer achieved gross profits of NT$5.43 billion (US$178.82 million) with 9.7% margin, while consolidated revenues for this quarter differed by only 0.5% year-over-year re-affirming Acer’s solid operations and its effective product mix strategy optimized for different market segment needs. Operating income of NT$456 million (US$15.02 million) also reflected the company’s effective marketing activities and operating expense control.

 

See also  Why Google’s cookies extension is no reason to take our foot off the pedal on measurement innovation

Leave a Reply