HTC confirmed today that it took a net loss of NT$3 billion ($102.1 million) during the third quarter of 2013, with revenue for the quarter finished at NT$47 billion ($1.6 billion USD). Company executives say that they’ve got a plan to turn things around, though, including a focus on moving more low-cost devices.
During a ... Read More »
The latest numbers from HTC show that $2.4 billion in revenue from Q2 2013 came in right on target. Profits grew from $2.8 million in Q1 to $41.63 million. While the quarter-to-quarter profit increase is a step in the right direction, investors will still be taking note of the 83 percent drop in profits from Q2 of 2012.
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HTC profits fell to a new low in Q1 of 2013. The latest HTC earnings report shows that the company’s total revenues reached NT$42.8 billion with net income after tax shrinking to NT$85 million ($2.8 million USD), a 98.3% decline in profits from the $173 million which the company reported for Q1 of 2012.
HTC’s earning’s for Q1 were ... Read More »
HTC has released its audited earnings report for Q3, confirming the numbers it initially released several weeks ago. While HTC managed to rake in NT$3.9 billion ($133 million) in net income on NT$70.2 billion ($2.4 billion) in revenue, the numbers represent a 79% drop in profits and a 48% drop in revenue when compared to ... Read More »
HTC’s growth streak has come to an end. HTC has released its unaudited results for Q4 of 2011, revealing that the company’s revenue stream was down 2.49% from the same quarter last year. Total revenues for the quarter reached NT$101,419 million while net income after tax was NT$11,017 million, a 25% decline from the previous ... Read More »
For the third straight quarter, HTC’s revenue has surpassed analysts’ estimates. Revenue for the second quarter reached NT$124.4 billion while net income came in at NT$17.5 billion ($608 million), more than double what HTC posted last year for the same quarter. Sales of HTC’s Android phones are credited for the staggering growth numbers ... Read More »