HTC today announced their earnings for the second fiscal quarter of 2014, Q2 2014. They posted a quarterly profit of NT$2.26 billion ($76.5 million), or NT$2.74 ($0.09 USD) per share on $65.06 billion NT ($2.18 billion USD). HTC’s shares were up as high as 4% on Taipei’s exchange trading this morning (Taipei time). Many people were interested to see how well HTC would perform because of their new HTC One M8 which we’ve reviewed. Based upon their current performance, it seems clear that HTC’s moves clearly resulted in improved profitability and a change in the company’s tide of losses from the previous quarters. Granted, they
AMD reports $1.78B revenue, records first profit in years (non-GAAP)
On Thursday, AMD reported its Q3’2008 results and the company managed to “Experience Black” (marketing slogan behind 4870X2). When we look at overall (non-GAAP) numbers, AMD filed $1.776 billion revenue and a profit of 80 million dollars. This was the first filed profit in seven quarters, and in a way, Hector J. Ruiz kept its promise of AMD becoming profitable by Q3’08. However, the results that Wall Street calculates are GAAP ones, and without that one-time revenue of $191 million (selling equipment to JSC Angstrem, as I first reported here), the company filed a net loss of $67 million on a revenue of $1.56 billion.