Market Overview

Acer Posts Q3 Profit

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Acer (OTC: ACEIF) posted a profit in the third quarter.

Acer reported a quarterly net profit of 68 million New Taiwan dollars (US$2.3 million), versus a year-ago net loss of NT$1.1 billion. However, analysts were expecting a net profit of NT$462.50 million.

Its revenue declined 11.4% to NT$104.4 billion.

Posted-In: profitEarnings News

 

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