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Friday, 05/03/2013 6:51:46 PM

Friday, May 03, 2013 6:51:46 PM

Post# of 432680
HTC expects revenues to grow nearly 64% on quarter in 2Q13
Irene Chen, Taipei; Steve Shen, DIGITIMES [Thursday 2 May 2013]
HTC expects its revenues to grow 63.6% sequentially to NT$70 billion (US$2.37 billion) in the second quarter of 2013 and its gross margin to improve to 22-24% from 20.3% during the same period, according to the company.

Additionally, its operating margin will also rise to 1-3% in the second quarter compared to 0.1% in the previous quarter.

For the first quarter of 2013, HTC posted net profits of NT$85 million (US$2.88 million) or an EPS of NT$0.10, which was the company's lowest quarterly EPS ever.
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