Acer Shares Fall After Reporting Wider-Than-Expected Loss
October 24, 2011, 12:41 AM EDTBy Tim Culpan
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
