Acer Announces 2011 Preliminary Financial Results With Massive Annual Loss

Posted on Feb 15 2012 - 10:57am by Editorial Staff

Acer just announced its 2011 preliminary financial results with the consolidated revenue of Q4 2011 was NT$127.7B (US $4.2B), up 8.3% quarter-on-quarter (QOQ), operating income was NT$0.1B. The operating income of NT$0.1B (US$2.4M) in Q4, representing a turnaround from operating loss to profit in the last quarter. Acer’s consolidated revenue declined 14.4% and operating income decreased 98.4% during Q4 2011, in comparison to the same period of 2010.

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