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HTC closes out Q2 with a bang thanks to the U11
As expected, the month of June was kind to HTC. With a full month of HTC U11 sales under its belt, HTC has reported NT$6.89 billion in revenue for the month of June. That figure is 8.4% higher than it was a year ago and 52.1% higher than HTC’s reported revenue for the month of May.…
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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 Q2 losses outweigh four quarters of meager profits
HTC has announced that the company lost NT$8.03 billion ($261 million USD) for the second quarter. While the quarterly net loss was expected, it’s still a bit surprising as it was preceded by four quarters of profits. Revenue for the second quarter of 2015 totaled NT$33.01 billion, nearly half the NT$65.06 billion HTC pulled in…
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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.…
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HTC Q1 profits hit record low, delayed HTC One to blame
HTC has posted its Q1 earnings report for 2013, revealing the company’s lowest quarterly profits on record. For the first quarter of 2013, total revenues reached NT$42.8 billion with net income (profits) after tax shrinking to NT$85 million ($2.8 million USD). When the net income numbers are compared Q1 of 2012, HTC is looking at a 98.3% year-over-year decline.…