HTC REPORTS 2015 FOURTH QUARTER RESULTS
Taipei, Taiwan – February 3, 2016– HTC Corporation (TWSE: 2498), a global leader in mobile innovation and design, today announced consolidated results for its fiscal 2015 fourth quarter ended December 31, 2015.
Revenues and net income saw sequential improvements in Q4. Key figures:
- Quarterly revenue of NT$25.7 billion with gross margin of 13.9%
- Quarterly operating loss of NT$4.1 billion with operating margin of -16.1%
- Quarterly net loss after tax: NT$3.4 billion, or -NT$4.1 per share
HTC experienced good momentum for its Desire line of smartphones in Q4, especially over the holiday season, while the premium Android HTC One A9 launched in October was well received across Asia, the US and Europe. At the same time, HTC continued in its on-going program of realignment to ensure dedicated resources are in place for all business segments.
“Leveraging our core strengths of design, engineering and manufacturing excellence, our evolution into virtual reality and connected devices has positioned us as innovation leader in each sector” said Cher Wang, Chairwoman and CEO of HTC. “We are fully confident in delivering on our promise to enable consumers to pursue their own brilliance across all of our product groups.”
Over Q4 and into Q1, HTC has been ramping up marketing efforts around the UA Healthbox, the all-in-one body fitness system that launched with partner Under Armour at the Consumer Electronics Show (CES) last month, and the Vive virtual reality system, with both products garnering more than twenty awards between them during CES, including an official CES Best in Show award for Vive. HTC also hosted the Vive Unbound developer conference in Beijing in December, bringing together luminaries from the burgeoning virtual reality ecosystem to share their insights with hundreds of keen Chinese content developers.
Quarterly Results Conference Call and Webcast
The webcast of the Q4’15 quarterly results conference call may be accessed at:
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HTC investor information may be accessed at:
HTC Corporation aims to bring brilliance to life. As a global innovator in smart mobile devices and technology, HTC has produced award-winning products and industry firsts since its inception in 1997, including the critically acclaimed HTC One and Desire lines of smartphones. The pursuit of brilliance is at the heart of everything we do, inspiring best-in-class design and game-changing mobile and virtual reality experiences for consumers around the world. HTC is listed on the Taiwan Stock Exchange (TWSE: 2498). www.htc.com.
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HTC and the HTC logo are trademarks of HTC Corporation. All other names of companies and products mentioned herein may be trademarks of their respective owners.
This press release contains forward‐looking statements which may include projections of future results of operations, financial condition or business prospects based on our own information and other sources. Our actual results of operations, financial condition or business prospects may differ from those expressed or implied in these forward‐looking statements for a variety of reasons, including but not limited to market demand, price fluctuations, competition, international economic conditions, supply chain issues, exchange rate fluctuations and other risks and factors beyond our control. The forward‐looking statements in this release reflect the current belief of HTC as of the date of this release. HTC undertakes no obligation to update these forward‐looking statements for events or circumstances that occur subsequent to such date.