Acer Inc. Reports Q1 2007 Financial Results

Acer Inc. Reports Q1 2007 Financial Results

Acer today reported the Q1 2007 financial results with operating income of US$58.84M (NT$1.95B), profit after tax (PAT) of US$171.14M (NT$5.66B), and earning per share (EPS) of NT$2.47. Shareholders shall receive a dividend of NT$4 per share, comprising NT$3.85 in cash and NT$0.15 in stock. Acer’s Board of Directors approved the results today.

The 2007 dividend shall comprise of NT$3.85 in cash and NT$0.15 in stock, as Acer continues to exercise its cash-intensive dividend policy to avoid inflation of the paid-in capital. The EPS for full year 2006 was NT$4.45.

Acer’s worldwide PC unit shipment entered the top three ranking for the first quarter of this year, according to preliminary data by Gartner Dataquest. With 46.1% year-on-year growth, Acer is the fastest growing brand among the top five PC players.

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