Share on StockTwits

HTC is back in black, at least for now. The Taiwan-based company released its unaudited results on Thursday, posting a net profit of 2.26 billion New Taiwan dollars (or a little less than $76 million) for the June quarter. HTC had reported a net loss in each of three previous quarters despite positive reviews for the HTC One, its flagship phone. The company was criticized for its convoluted marketing efforts and struggled to compete against Apple and Samsung in the smartphone space.

“HTC Finally Turns A Profit” is categorized as “business”. This video was licensed from Grab Networks. For additional video content, click the “video” tab at the top of this page.

Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.