HTC Reports Q3 2012 Results: $133 Million Net Profit, Down 79 Percent From A Year Ago

Posted on Oct 26 2012 - 9:58am by Editorial Staff

HTC today announced its third quarter 2012 results. The company reported a net profit of NT$3.9 billion (about $133 million) from NT$70.2 billion ($2.4 billion) in revenue, although a year back company made a profit of NT$18.68 billion ($639 million) profit from NT$135.82 billion ($4.64 billion) revenue.

“Our products, innovations, employees and partners are the cornerstones of our business,” said Peter Chou, CEO of HTC. “We greatly anticipate getting our latest design innovations into the hands of our customers—the inspiration for everything we do.”

Talking about the company’s outlook for the fourth quarter of 2012, the company is expecting revenue of approximately NT$60 billion, while gross profit margin expected to be approximately 23% and operating margin expected to be approximately 1%.

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