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HTC Q2 revenue forecast lower than expected

HTC Q2 revenue forecast lower than expected

Taipei, April 28 (CNA) Taiwanese smartphone maker HTC Corp. (???) gave a forecast for second quarter revenues on Tuesday that came in lower than expected despite the launch of its flagship One M9 phone in March. The Taoyuan-based company projected revenues of NT$46 billion (US$1.5 billion) to NT$51 billion for the April-June quarter of 2015, with earnings per share of NT$0.06 to NT$0.34. That would represent quarterly growth of 10.8 percent to 22.9 percent, lower than an average 50 percent estimated by analysts. The company forecast its gross profit margin for the quarter at 23 percent to 23.5 percent, which would be an increase from 19.7 percent in the first quarter. HTC shares ended down 1.13 percent at NT$131.5 on Tuesday in Taipei. (By Jeffrey Wu)


Updated : 2021-09-23 13:41 GMT+08:00