HTC makes a profit in 2018
HTC posted its financial results for Q4 2018 and the annual 2018. Surprisingly, the company did pretty well considering its current situation. It made a small profit in the Q4, which carried over to the overall profit increase in 2018 as a whole.
HTC reported $143 million gross profit after tax for the last quarter of last year and about $389 for the whole year. That's a significant increase over 2017 and interestingly enough, Q4 of 2018 was actually the fourth consecutive quarter with rising revenue since Q4 2017.
It seems that the re-structuring and re-organizing has done a great deal the last two years and HTC might stay afloat for another year.
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Reader comments
- Kriegsherr
- 18 Mar 2019
- 3SI
Bezelless and front facing speaker? Together? You clearly are a bandwagon jumper. Aren't you?
- Walter C. Dornez
- 17 Mar 2019
- qig
Exactly. You can make an amazing phone, but if the public doesn't know about it, it ain't gonna sell
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