Acer Shares Decline in Taipei After First-Quarter Profit Misses Estimates
Acer Inc. (2353), the world’s second- largest supplier of notebook computers, fell in Taipei trading after posting the lowest quarterly profit in six years and missing analyst estimates.
Net income at the world’s second-largest supplier of notebook computers declined to NT$1.2 billion. Acer dropped 2.5 percent to NT$49.80 as of 9:02 a.m. in Taipei, the most since April 20.
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