Acer Q3 Earnings Fall, But Revenue Improves

(RTTNews) - 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.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Tags

More Related Articles

Info icon

This data feed is not available at this time.

Data is currently not available

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.