R
Robert Nazarian
Guest
HTC made a profit for the second straight quarter, which is something we haven’t seen in a while. They just reported 3rd quarter results which showed NT 0.6 billion ($19 million) in net profit after taxes. Interestingly enough this small profit is lower than the last quarter, which came in at NT 2.3 billion ($75 million). So I am not sure the trend is all that great, but a profit is a profit right? Revenues were also down from the previous quarter, NT 41.9 billion ($1.38 billion) vs NT 65.1 ($2.17 billion).
HTC said that the One (M8) did well “despite stiff competition,” and they expect revenues to go up slightly in the 4th quarter.
Is HTC back or is this going to be short-lived?
source: HTC (PDF)
Come comment on this article: HTC ekes out a small 3rd quarter profit
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