Acer Announces June Consolidated Revenues at NT$26.32 Billion, Up 45.5% Month-on-Month

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Jul 07, 2023, 05:16 ET

TAIPEI, July 7, 2023 /PRNewswire/ -- Acer Inc. (TWSE: 2353) announced its consolidated revenues for June at NT$26.32 billion, up 45.5 % month-on-month (MoM). Consolidated revenues for the second quarter reached NT$58.23 billion, up 11.0% quarter-on-quarter (QoQ) with businesses other than computers and displays contributing 28.5% of total revenues.

Acer has seen its business bottoming out from the second half of May, while its revenues in June had significant growth MoM:

Gaming business revenues in June grew 93.4% MoM
Notebook business revenues in June grew 59.0% MoM
Desktop business revenues in June grew 40.2% MoM
Display business revenues in June grew 41.7% MoM
Commercial business^[1] revenues in June grew 30.5 % MoM

Acer's public subsidiaries have all announced their June and Q2 revenues. The momentum of building up multiple business engines continue:

MPS Energy Inc. revenues for the second quarter grew 71.3% YoY
Altos Computing revenues for the second quarter grew 32.7% YoY
Acerpure Inc. revenues for the second quarter grew 24.0% YoY

Acer continues to focus on sustainability-centric innovation and intrapreneurship. It recently received multiple international design and product awards such as Red Dot awards, iF Design awards, and Monde Selection awards. Acer expects to launch more IPOs in the second half of 2023.

^[1] Acer's commercial products, excluding Chromebooks

About Acer

Founded in 1976, Acer is one of the world's top ICT companies with a presence in more than 160 countries. As Acer evolves with the industry and changing lifestyles, it is focused on enabling a world where hardware, software and services will fuse with one another, creating ecosystems and opening up new possibilities for consumers and businesses alike. Acer's 7,700 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