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HTC closes out October with a 60% drop in revenue
HTC has released its revenue numbers for the month of October, revealing a 60% decrease over the same month last year. In total, HTC’s revenue for October came in at $NT 17.2 billion ($588 million), substantially lower than the $NT 44 billion ($1.5 billion) the company reported last year. At this
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HTC posts $133 million profit for Q3 – revenue falls 48 percent year-over-year
With Q3 of 2012 neatly wrapped up, HTC has released its quarterly earnings report which shows a $133 million (NT$3.9 billion) net income after taxes on $2.397 billion (NT$70.2 billion) in revenue. While HTC may still be in the black, those numbers are significantly lower than the $3 billion (NT$91.04 billion) in revenue and $247…
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HTC revenue for August drops 4 percent from July – expected to get a huge boost in September
Last week, HTC reported that its unaudited revenue for August came in at $804 million, nearly a four percent drop from July’s $835 million in revenue. While the decline in revenue may sound like HTC may be fizzling out, the company is still profitable and there are signs that things could soon turn around. According…
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HTC posts Q2 profit of $247 million – revenue numbers come in right on target
HTC has released its unaudited earnings report for Q2 of 2012. As previously expected, operating revenues for Q2 came is at NT$91.0 billion ($3.04 billion in U.S. dollars) while profits came in at NT$7.4 billion ($247 million) – a 57.8 percent fall from the second quarter of 2011. While the decline in revenue and profits…
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U.S. Customs delay takes its toll – HTC cuts Q2 sales target by 13.3 percent
HTC can’t seem to catch a break these days. Back in April, HTC expected second quarter revenues to reach T$105 billion ($3.56 billion), beating analysts’ expectations by 3.5 percent. Unfortunately, slower than expected sales in Europe and the U.S. market has forced HTC to revise its earnings estimate for the second quarter, knocking down its projections to T$91…
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HTC profits for Q4 of 2011 drop as competition heats up in the Android segment
After a great Q3 of 2011 where the Taiwanese company posted a $624 million profit, HTC is now reporting that year-over-year profits in the fourth quarter of 2011 dropped 26% to $364 million. This is the first drop in profit for HTC in the past two years and analysts are predicting that this decline will…
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HTC hit hard, November revenues drop 20% year over year
The latest numbers from HTC show that revenue from the month of November dropped nearly 20% with new handset sales down 30% from the same month last year. It’s shocking to see HTC’s revenue numbers fall, but it wasn’t completely unexpected since HTC did issue earnings revisions for the quarter which predicted that Q4 would…