Acer Inc. has announced its financial results for the third quarter of 2023. The company reported consolidated revenues of NT$67.44 billion, representing a 15.8% growth quarter-on-quarter (QoQ) and a 3.9% growth year-on-year (YoY). Gross profits reached NT$7.29 billion with a 10.8% margin, higher than both the previous quarter and the same period last year. Operating income was NT$1.55 billion, up 47.8% QoQ and 86.6% YoY, with a 2.3% margin. Net income was NT$2.01 billion, up 44.2% QoQ and 7.0% YoY, resulting in earnings per share of NT$0.67.
In the third quarter, businesses other than computers and displays contributed 24.2% of total revenues and 30.0% of operating income. For the year-to-quarter comparison, these businesses contributed 27.2% of total revenues and 49.7% of operating income.
Acer's revenue and profit have reached a new high after the pandemic, thanks to new business expansion and contributions, as well as the optimization of the computers and displays business. The company's financial performance is also better than pre-pandemic levels.
Overall, Acer Inc. has experienced growth in margins for gross profit, operating income, and net income both year-on-year and quarter-on-quarter. The company's diversification into other businesses has contributed significantly to its revenue and operating income.