Up, Up and Away: HTC hits earnings estimate for Q2, turns profit

July 3, 2014

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HTC_One_M8_Back_HTC_Logo_TA_01

Look at that!

HTC delivered a phone worthy of high praises in the HTC One M8, and the hard work paid off.

The OEM looked like it was spiraling downwards just a few months ago, as CEOs said they were looking ahead to a June rebound. And they were right.

HTC's June numbers arrived today to close out Q2, and things are looking up.

Revenue is up over May (but down from April), and the company even turned a profit of $75.5 million (post-tax) this quarter. The quarterly projections were also hit.

While this is good news, the company is going to have many more months like this in order to be on the right track again. The quality of the next flagship and longevity of the One (M8) are going to be extremely important in the next few months for HTC.

Source: HTC

Harrison Kaminsky Author

Harrison is a senior at the University of Pittsburgh completing a major in communication and a minor in economics. Aside from writing for TalkAndroid, he is the managing editor at The Pitt News, a digital marketing intern at Buzzhoney in Pittsburgh, founder and owner of MarketGong.com He's currently using an HTC One (M8) and Nexus 7 (2013). Harrison is excited for the next release of Android, and for whatever the future holds for the tech world. Tweet him at @Harry_Kaminsky.