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Acer Q3 Earnings Fall, But Revenue Improves

By RTTNews Staff Writer   ✉   | Published:   | Follow Us On Google News

Acer Inc. (ACID.L), the Taiwanese computer major, Thursday reported lower earnings but improved revenue for the third quarter compared to the same period last year.

Quarterly earnings decreased to NT$1.10 billion or NT$0.37 per share from NT$1.5 billion or NT$0.50 per share of last year, on higher operating expenses.

However, revenue increased 1 percent to NT$73.40 billion from NT$72.7 billion of the previous year.

Acer shares closed at 30.90 TWD, up 2.66% on the Taiwanese Stock Exchange.

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