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HTC’s Q4 report shows improvements to its bottom line despite a decrease in revenue
Let’s start things off by getting the numbers out of the way. HTC has released its earnings report for Q4 of 2016 which shows revenue of NT$22.2 billion with gross margin of 10.5% and a net loss of NT$3.6 billion. Compared to 2015, revenue for the quarter was down 13.6%. And to make things worse, it…
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HTC’s February revenue drops to new low
With over ten years of monthly revenue numbers posted on its site, HTC’s revenue for February is the lowest on record. The company managed to pull in NT$4.20 billion (roughly $129 million USD) during the second month of 2016. The dramatic drop in revenue came in at 35.16% lower than January’s numbers and 54.48% lower…
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HTC shows signs of progress despite losing $101 million in Q4
The official numbers are in – HTC’s net profit for Q4 of 2015 was -NT$3.4 billion (-$101 million USD) on NT$25.7 billion in revenue. HTC’s negative numbers will further deplete the company’s dwindling cash reserves, but there is a silver lining. HTC’s cost cutting measures are starting to pay off. Based on the company’s current…
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HTC’s April revenue numbers hint at a One M9 flop
HTC closed out the first quarter of 2015 on a positive note, but things appear to be taking a turn for the worse. Revenue for the month of April came in at NT$13.5 billion ($440 million USD), a 39% year-over-year drop. What’s more embarrassing is that April’s revenue was 33% lower than the revenue HTC reported…
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Preliminary Q1 numbers show HTC remaining profitable
HTC has filed its preliminary earnings report for the first quarter of the year with revenue coming in on the $1.3 billion mark and profits settling in at $11.6 million. While profits of $11.6 million aren’t anything to brag about, but number is quite impressive when you consider that HTC posted a $60 million loss during the same…
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HTC’s revenue for August jumps 37 percent
After a disappointing July, HTC’s revenues for August show that the company’s 2014 strategy may be moving in the right direction. HTC has reported revenues of TWD14.5 billion ($485.2 million) – an improvement of 10.4% over August of 2013 and a staggering 37.1% jump over the company’s reported revenue from July. HTC started out 2014…
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HTC closes out Q1 of 2014 with a substantial loss
Earning for the first quarter of 2014 are in, but things aren’t looking so hot for HTC. The company has reported $1 billion in revenue for the first quarter of 2014 with net losses after taxes reaching $62 million. This is the second time in the company’s history that HTC has reported a quarterly loss.…