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HTC's unaudited Q1 2012 financials: revenue down by 35 percent
HTC's unaudited financials have just hit the wires and it looks like the negative trends from last year are continuing. For the first quarter of 2012, revenues are down nearly 35 percent year-on-year, with revenues of 67,790 million Taiwanese dollars (around $2.3 billion) for the period. Operating income was 5,099 million Taiwanese dollars (roughly $173 million) and profits after tax 4,464 million Taiwanese dollars ($151 million). The company must be hoping that this represents the end of the nasty hangover from its previous scatter-gun approach to phone production. Now that it's gone with the sleek and slender One series lineup, we'll see how well the company's about-turn does in the next two quarters.
HTC's unaudited Q3 results keep the revenue train a-rollin'
HTC clearly couldn't wait for a pesky audit to tell let the world about its continued financial successes. The Taiwanese handset maker posted unaudited consolidated results for the third quarter -- and, not surprisingly, things are (continuing) to look good for the company. HTC marked a 79.07-percent growth over this time last year, with NT$135,821 million ($4.4 billion) total revenue. And according to HTC, the company's net income post-taxes was NT$18,638 million ($612 million) for the quarter. We'll update the results when we get something a bit more official.
