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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’s revenue projected to increase 55 percent in Q2
This morning, HTC announced that they expect revenue for the second quarter of 2012 to increase by 55 percent over the first quarter of this year. HTC expects second quarter revenues to reach T$105 billion ($3.56 billion), beating analysts’ expectations by 3.5 percent. HTC isn’t giving any reason as to why they expect such a…