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May 1, 2015

HTC posts $11 million profit in Q1 of 2015, expects higher revenue in Q2

by John_A

HTC_One_M9_Back_HTC_Logo_TAHTC has posted their quarterly earnings for Q1 2015, and things look decent for the company. Revenue sat around $1.36 billion, up from $1.08 billion last year, and HTC actually managed to turn a profit instead of a loss like they did in the first quarter of 2014.

They only pulled in $11 million in profit, which isn’t massively successful, but anything is better than their $66 million loss from their previous first quarter.

HTC expects to bring in around $1.5 billion next quarter, so hopefully the HTC One M9 helps the company maintain profitability.

source: HTC

via: Android Central

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