0
IT

Acer posts small opg profit in Q4, revenues up vs Q3

Wednesday 15 February 2012 | 15:42 CET | News
Acer reported a return to operating profit in the fourth quarter, at TWD 0.1 billion (USD 2.4 million). Revenues improved 8.3 percent sequentially to TWD 127.7 billion, and net profit came in at TWD 0.1 billion or TWD 0.03 per share. On a year-on-year basis, quarterly revenues were down 14.4 percent and operating profit fell 98.4 percent. Overal the full year 2011, Acer's revenue fell 24.4 percent to TWD 475.5 billion. After major restructuring charges and writedowns for the problems at its EMEA activities earlier this year, the annual net loss came in TWD 6.6 billion or TWD 2.52 per share.

Thank you for visiting Telecompaper

Sign up below to get access to the rest of this article and all the telecom news you need.

  • Register free and gain access to even more articles from Telecompaper. Register here
  • Subscribe and get unlimited access to Telecompaper’s full coverage, with a customised choice of news, commentary, research and alerts.

Subscriptions

Already registered?



Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Categories: IT / Mobile & Wireless
Companies: Acer
Countries: World
::: add a comment

Add comment

Please login or register to leave a comment.

We welcome comments that add value to the discussion. We attempt to block comments that use offensive language or appear to be spam, and our editors frequently review the comments to ensure they are appropriate. If you see a comment that you believe is inappropriate to the discussion, you can bring it to our attention by using the report abuse links. As the comments are written and submitted by visitors of the Telecompaper website, they in no way represent the opinion of Telecompaper.


Related

Acer results sharply lower in Q1

Published 25 Apr 2012 14:37 CET | World
Acer reported first-quarter sales down 11.4 percent to TWD 113.0 billion (USD 3.8 billion). Operating profit plunged to TWD 138 ...

Acer to launch CloudMobile in Q3

Published 13 Feb 2012 23:13 CET | World
Acer will introduce CloudMobile, a smartphone equipped with Acer Cloud, at the 2012 Mobile World Congress. The device runs on ...

Acer names Ho as new CFO

Published 19 Jan 2012 12:16 CET | World
Acer appointed Eva Ho as its new CFO and spokesperson, effective from 1 March. Ho has abundant expertise in financial management ...

Lanci to head Lenovo EMEA PC business

Published 13 Jan 2012 10:49 CET | World
Gianfranco Lanci, former CEO of Acer, has formally joined rival Lenovo, to head up its new EMEA PC unit. Lanci, who left Acer in ...

Global PC shipments fall 0.2% in Q4

Published 12 Jan 2012 09:23 CET | World
Worldwide PC shipments totaled 92.7 million in the fourth quarter of 2011, down 0.2 percent from a year earlier due to shortages ...

Acer America to unveil Android HD Tablet

Published 06 Jan 2012 11:16 CET | United States
Acer America will launch Iconia Tab A200. The Iconia Tab A200 features a 10.1-inch HD multi-touch display, operates on Android ...

Acer releases Iconia Tab A200 tablet

Published 06 Dec 2011 10:03 CET | World
Acer announces the release of the Iconia Tab A200, the company's latest tablet. Shipments in selected countries include the ...

Acer Q3 revenues fall 30% to TWD 117.3 bln

Published 24 Oct 2011 07:59 CET | World
Acer's revenues for the third quarter fell 30 percent year-on-year to TWD 117.3 billion. Its operating loss reached TWD 1.3 ...

Acer posts net loss as Q2 sales fall 32%

Published 24 Aug 2011 15:36 CET | World
Acer announced a 32 percent fall in second-quarter revenues to TWD 102.1 billion (USD 3.5 billion). The company generated an ...