Acer Inc. Q1 2011 preliminary financial results: consolidated revenue NT$127.8B (US$4.34B); operating income NT$1.93B (US$65.57M); PAT NT$1.19B (US$40.35M); EPS NT$0.45
Acer Inc. announces the Q1 2011 preliminary financial results: consolidated revenues reached NT$127.8B (US$4.34B) representing 14.3% decline quarter-on-quarter (QOQ) or 11.5% decline assessed in US currency.
As a global company, Acer’s self-assessed revenues for PC products are mostly calculated in US currency for its international observers. This means that a greater fluctuation in exchange rate will show higher differences between the percentage growth/decline rate in estimation and actual results in NT currency.
For other preliminary results, operating income reached NT$1.93B (US$65.57M), operating margin reached 1.51%, PAT reached NT$1.19B (US$40.35M) and earnings per share (EPS) was NT$0.45.
The exchange rate was US$1: NT$29.418.
Acer Inc. consolidated revenues include revenues from other companies in which Acer Inc. has 50% or more ownership, and already deducts any revenues between Acer Inc. and these companies to avoid double-counting.