Acer Inc. (TWSE: 2353) introduced its monetary outcomes for the second quarter of 2020: consolidated revenues had been NT$65.58 billion; gross income had been NT$7.14 billion with 10.9% margin; working revenue was NT$2.13 billion, marking a report excessive[1] margin of three.2%; earnings earlier than tax was NT$1.65 billion; and web revenue was NT$1.20 billion with earnings per share (EPS) of NT$0.40. In the six months ended June 30, 2020, Acer’s web revenue reached NT$1.75 billion, up 57.2% year-on-year (YoY) with EPS of NT$0.58.
In Q2, Acer noticed sturdy enterprise momentum because of work-from-home and distance studying wants within the EMEA (Europe, Middle East, Africa) and Pan America areas, whereas Pan Asia Pacific continued its restoration from the pandemic lockdown. At the identical time, Acer’s a number of enterprise engines continued their sturdy momentum; notable performances in Q2 web revenue embody Acer Cyber Security with 24% progress YoY, Weblink International with 25% progress YoY, and Acer Synergy Tech with 88% progress YoY.
