HTC has announced its financial results for the first quarter of 2015, the company had total revenue of $1.3 billion and made a net profit of $11 million.
This is the second quarter in a row that HTC has made a profit, although its revenue was down slightly over the last quarter in 2015, but up considerably on the same quarter in 2014.
“We have continued to raise our game over the last few months, and the Q1 results reflect the hard work we have put in to consolidating our processes and operations, while enhancing our core focus of superlative design and technology for the mobile lifestyle. More important, we have made strides in expanding our product offerings into new connected smart devices in areas such as fitness and entertainment. Just as HTC pioneered the smartphone market, it is vital that we drive the connected lifestyle through our pursuit of brilliance and by engaging strategic partners to bring the best and most innovative products to market.”-Cher Wang, Chairwoman and CEO, HTC
The company will be looking to continue to return a profit in their next financial quarter with devices like the new HTC One M9 and also the One M9+ which was recently announced in China.
Source HTC (PDF)
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