Tag: HTC Q1 profits

  • HTC posts Q1 earnings show decline in revenue and profits, company a huge Q2 improvement

    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…

  • HTC Q1 profits hit record low, delayed HTC One to blame

    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.…