Acer reports its best December in nine years with consolidated revenues at $1.066 billion

The Acer logo on a black background

Acer has reported that it had its best December in nine years with its consolidated revenues reaching $1.066 billion during the month. Year-over-year, revenues grew 4% and month-over-month by 2.3%. Over the whole of 2021, Acer saw revenues reach $11.51 billion which is up 15.1% year-over-year.

Some of the highlights that Acer outlined included that notebook PC revenues grew 20.8% for the full year, desktop PC revenue grew 20.9%, its gaming line revenues grew 26.6%, commercial notebook revenues grew 43.2%, and revenue from businesses other than PCs and displays grew by 27%.

Acer is a public company trading on the Taiwan Stock Exchange. That market will be shut now until Monday so it’s unclear how today’s report from Acer will impact its stock price. On the last day of trading, the company saw its stock price fall by 1.15% but this could recover on Monday now that investors know the company had one of its best Decembers in years.

Aside from the full-year highlights, Acer also provided data for the fourth quarter too. It reported that its gaming line revenues grew 19.8% year-over-year and 10.9% quarter-over-quarter, commercial notebook revenue grew 40.1% year-over-year and 15.6% quarter-over-quarter, Altos Computing revenues grew 24.8% year-over-year and 5.3% quarter-over-quarter, and finally, businesses other than PCs and displays revenue grew 26.6% year-over-year.

Report a problem with article
AMD Ryzen processor render close up
Next Article

AMD seems serious about supporting Ryzen 5000 CPUs on its 1st gen 300 series motherboards

The KardiaMobile device and the smartphone app
Previous Article

UK approves smartphone-based KardiaMobile for detecting atrial fibrillation

3 Comments - Add comment