HTC 2012 Q3 financial results
It has certainly been a highly positive quarter for the company, yet the revealed information also shows a serious decline from this year’s Q2, when HTC had $3 billion in revenues and $273 million in profits. The numbers look even less favorable compared to those from the same period of last year. In Q3 2011 HTC managed $4.54 billion in revenue, with a net income of $625 million. So, what is witnessed, is a kind of a “yo-yo” slow-down of about 79%.
Things could still change for the better for HTC in Q4, as it brings the release of the HTC One X+ and the Windows Phone 8X and 8S, not to mention the holiday season.
If you wish to know it all right from the source, here it is:
Posted Oct 8, 2012
HTC RELEASES UNAUDITED RESULTS FOR 3Q 2012
1.Date of occurrence of the event:2012/10/08
2.Company name:HTC Corporation
3.Relationship to the Company (please enter ”head office” or ”affiliate company”):Head Office
4.Reciprocal shareholding ratios:N/A
5.Cause of occurrence:Taoyuan, Taiwan–Octoboer 8, 2012–HTC Corporation (TWSE: 2498), a global leader in mobile innovation and design, today announces unaudited consolidated results for 3Q 2012. For the third quarter of 2012, total revenues reached NT$70.2 billion. Unaudited operating income was NT$4.9 billion, net income before tax was NT$4.0 billion, net income after tax, excluding minority interest, was NT$3.9 billion, and unaudited earnings per share after tax were NT$4.70 based on 831,227 thousand weighted average number of shares.
7.Any other matters that need to be specified: None