HTC does better in Q2 2013, posts $41.6 million profits
Preliminary HTC Q2 2013 earnings report speaks for itself. The company has performed far better than the previous quarter, with an estimated profits of $41.6 million. This is in contrast to the dismal $2.8 million made in Q1 2013.
Looks like the troubled company is finally posting some good news. Preliminary Q2 2013 earnings report give an estimatd $41.6 million in profits for the company, many times higher than the $2.8 million profits posted in Q1 2013. Although the score falls short of the $66.7 million in earnings that the investors were looking for.
Revenue figures take an almost two-fold jump fron $1.4 billion to $2.4 billion in one quarter. Despite the slightly encouraging scores, the estimates are a far cry to the $3 billion revenue and $250 million profits posted by the same company a year ago, in Q2 2012.
Let's hope that the company keeps up with the good scores and continues to crawl its way out of the troubled zone.