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HTC makes a $19 Million profit in Q3,2014, Predicts an even better Q4

31 October, 2014 HTC

HTC

 

HTC continues its winning streak in the 3rd Quarter. HTC's financial report for the Q3,2014 states the company made a profit of $19 million (NT$0.6 billion). Revenue for the period is $1.38 billion (NT$41.9 billion), which is down from $2.17 billion from the previous quarter.

 

The company is content with how the HTC One M8 held its ground for the period and continued to sell well despite growing competition. The mid-range Desire line-up is also profitable for HTC, but it didn't specify exact shipment figures for any device.

 

In the last quarter, the HTC One M8 was the main culprit for the company's $92 million profit turnout. HTC is looking up for a similar to Q3 last quarter of the year with a revenue of $1.38 billion - $1.55 billion.

 

Report [PDF]

 


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