Bloomberg News

Acer Shares Fall After Reporting Wider-Than-Expected Loss

October 24, 2011

Oct. 24 (Bloomberg) -- Acer Inc., the world’s fourth- largest computer maker, fell in Taipei trading after posting a wider-than-expected loss in the third quarter.

Acer dropped 1.1 percent to NT$35.40 as of 10:27 a.m. in Taipei, compared to a 2.4 percent climb in the benchmark Taiex index. Third-quarter loss was NT$1.1 billion, compared to the NT$867 million average loss estimate of 17 analyst estimates.

To contact the reporter on this story: Tim Culpan in Taipei at tculpan1@bloomberg.net

To contact the editor responsible for this story: Adela Lin at alin95@bloomberg.net


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