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HTC trimmed year-over-year losses by 50% in Q1
The numbers are in and it looks like Q1 of 2017 wasn’t kind to HTC. The company has released is quarterly earnings report showing NT$14.5 billion ($479 million USD) in revenue for the quarter and an operating loss of NT$2.4 billion ($79 million USD). The revenue figure is only down 1.75% YoY, but HTC managed…
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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 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 posts Q1 earnings show decline in revenue and profits, company a huge Q2 improvement
HTC has released its final number for Q1, confirming a drop in revenue to NT$42.8 billion from NT$67.8 billion. Net profit’s took an even bigger hit, dropping to NT$85 million ($2.85 million) from NT$4.5 billion ($152 million) during the same quarter last year. The 98 percent profit drop does not come as a surprise since component shortages…