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HTC Stocks hit a new low as the company cuts revenue projections for Q2
If you’re not aware, HTC is in trouble. earlier today, HTC announced that it is revising its revenue projections for the second quarter of 2015 from NT$46-NT$51 billion to NT$33-NT$36 billion with a possible net loss ranging from NT$7.95-NT$9.05 billion ($257-$291 million USD). To put things into perspective, the new revenue projections are roughly half…
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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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HTC’s year-over-year profits put 2014 to shame
This morning, HTC released final number for the first quarter of the year. Revenue for the quarter hit NT$41.5 billion ($1.36 billion USD) while net profits after tax came in at NT$0.36 billion ($11 million USD). While the numbers are lower than what HTC managed to pull in during the last quarter of 2014, the…
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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 closes out 2014 on a good note, beating analysts expectations by 40%
Things are looking up for HTC. After the announcement of the HTC Desire 320 and HTC Desire 826 yesterday, HTC has released preliminary numbers for the last quarter of 2014. HTC has reported a net profit of NT$470 million for the quarter ($14.67 million USD) which is 49% higher than the NT$315.3 profit the company…
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Unaudited Q3 numbers reveal HTC remains profitable despite sales slump
As usual, HTC has released its unaudited results just days after the close of the quarter. The numbers are laced with good and bad news. HTC’s revenue dropped 35% from NT$65.1 billion in Q2 to NT$41.86 billion in Q3 with net profits plummeting 72% from NT$2.3 billion to NT$0.64 billion. The good news is that…
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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…