HTC posts April revenue figures, predicts return to profitability in Q2

HTC officially reported its Q1 2014 financial results today, confirming the net loss of NT$1.88 billion (around $62 million) revealed a month ago in its unaudited results for the quarter. The company also published its unaudited revenue numbers for April 2014, showing revenue of NT$22.1 billion ($733 million) for the month following the HTC One M8 launch — up 36.08% month-on-month and 12.70% year-on-year.

For Q2 as a whole, the Taiwanese manufacturer predicts a return to profitability, with anticipated quarterly revenue in the NT$65 billion to NT$70 billion range, a gross profit margin of between 21.3% and 22% and EPS (earnings per share) of NT$2.21 to NT$3.00.

source: androidcentral