HTC Third Quarter 2024 Earnings: NT$1.06 loss per share (vs NT$1.10 loss in 3Q 2023)

HTC (TWSE:2498) Third Quarter 2024 Results

Key Financial Results

• Revenue: NT$773.9m (down 30% from 3Q 2023).
• Net loss: NT$881.6m (loss narrowed by 3.7% from 3Q 2023).
• NT$1.06 loss per share (improved from NT$1.10 loss in 3Q 2023).

All figures shown in the chart above are for the trailing 12 month (TTM) period

HTC Earnings Insights

Looking ahead, revenue is forecast to grow 58% p.a. on average during the next 3 years, compared to a 21% growth forecast for the Tech industry in Taiwan.

Performance of the Taiwanese Tech industry.

The company's shares are down 7.5% from a week ago.

Balance Sheet Analysis

While earnings are important, another area to consider is the balance sheet. See our latest analysis on HTC's balance sheet health.

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