HTC ends Q3 on a $19 million profit, hopes for the best in Q4

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Just like its unaudited report suggested earlier this month, HTC continues its winning streak in Q3. 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.

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Just like its unaudited report suggested earlier this month, HTC continues its winning streak in Q3. 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.

Source (.pdf)

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