Acer Reports Strong October Result

What They Say

Acer continues to do really well despite, or perhaps because of, the pandemic and reported revenues up 43.2% on a year ago for October.

Business highlights include:

  • YoY revenue for notebook PCs grew by 70.3% in October, and by 27.2% year-to-October
  • YoY revenue for monitors grew by 43.3% in October, and by 18.1% year-to-October
  • YoY revenue for the gaming line (notebooks, desktops and monitors)grew by 62.0% in October, and by 29.3% year-to-October
  • YoY revenue for Chromebooks grew by 71.2% year-to-October

What We Think

Acer really looked in some trouble a couple of years ago, but has done better in the last couple of years. Its strength and focus on notebooks, gaming and Chromebooks has really turned out to be ‘the right place at the right time’. The share price is more than double the level of 2016, but way, way down on ten years ago. (BR)

Acer Finance