HTC Announces Unaudited Results Of $835 Million For July 2012, $6.15 Billion For First Half 2012

Posted on Aug 6 2012 - 8:16am by Editorial Staff

With HTC last week only announced its second quarter 2012 earnings with revenue of $3 billion and net income of $247 million, the company today announced its unaudited consolidated revenue for July 2012 of NT$25.0 billion (about $835 billion), and total unaudited consolidated revenue from January to July 2012 is NT$183.9 billion (about $6.15 billion).

For Q3 2012, HTC forecasts revenues to come in between NT$70 billion and NT$80 billion ($2.34 billion and $2.7 billion), representing a 22 percent drop at the low end of that range. HTC said it also expects gross margin to shrink from 27% to 25%, and operating margin from 9% to around 7%, compared to the second quarter of 2012.

(Image Source: HTC logoFeatured Image)

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