Acer recorded a significant increase in net profit, but revenue fell slightly
Acer reported third quarter of fiscal 2016, for which the manufacturer ended September 30.
The manufacturer’s revenue increased by 4.3% QoQ and decreased by 13% in annual terms, amounting to 1.87 billion dollars. Operating profit was equal to $ 15 million, equivalent to more than a twofold decline in annual terms. But in the previous quarter, Acer was recorded an operating loss of $ 22.4 million dollars.
For the quarter, Acer achieved a net profit of 7.9 million dollars, which is 30.3% higher than the same indicator a year ago.