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.

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Categories: IT / Mobile & Wireless
Companies: Acer
Countries: World
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