HTC releases unaudited May 2012 revenues, revises Q2 revenue guidance down

HTC's bumpy 2012 financial performance continues, with today's announcement of the Taiwanese manufacturer's unaudited revenue numbers for May 2012. The company reported revenue levels of NT$30 billion (~$1 billion), bringing the total unaudited consolidated revenue for the year up to NT$128.8 billion (~$4.3 billion). The numbers represent a slight fall in revenue from April, during which a boost in sales brought  in NT$31 billion.

HTC also revised its second quarter revenue guidance down, to NT$91 billion ($3.1 billion) in revenue with a gross margin of 27% and operating margin of 9%. The earlier guidance estimated revenue of NT$93.6 billion ($3 billion), with a 29% gross margin and 11.2% operating margin.

HTC blamed the revised figures on weaker than expected European sales, in addition to the recent delays in getting some U.S. phones through customs.

Source: HTC

Alex Dobie
Executive Editor

Alex was with Android Central for over a decade, producing written and video content for the site, and served as global Executive Editor from 2016 to 2022.