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Q2 numbers are it: the HTC U11 failed to return HTC to profitability
HTC has shared its Q2 earnings report for 2017, marking the company’s 9th quarterly loss. Revenue for the quarter came in at NT$16.1billion with a gross margin of 13.7%, but the company’s operating costs exceeded its income yet again, resulting in a net loss of NT$2.2billion or $72.47 USD. With all the positive reviews of the HTC…
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December was the worst month for HTC in 11 years
The numbers are in and they’re not good. After showing signs of progress in November, HTC’s revenue for December fell flat on its face. In total, HTC brought in NT$6,517,000,000 – just a hair more than $195 million USD. TO put that in perspective, that’s less revenue that what HTC pulled in during a month…
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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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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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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…
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HTC’s Q2 profits reach a 7 quarter high
The second quarter of the year has traditionally been good for HTC and Q2 of 2014 isn’t any different. HTC shared its preliminary Q2 numbers today, revealing a profit of NT$2.26 billion (US$75.6 million). The number isn’t incredibly high, but it is an increase of 80% from the same quarter in 2013 and the highest…