[http://www.blogcdn.com/www.engadget.com/media/2011/10/htc-earnings.jpg](http://www.engadget.com/2011/10/31/htc-releases-q3-earnings-report-profit-up-by-68-percent-shipme/)
It's been another [stellar quarter](http://www.engadget.com/2011/04/08/htc-breaks-its-own-sales-and-profit-records-keeps-riding-the-sm/) for the folks over at [HTC](http://www.engadget.com/tag/HTC/). According to the company's Q3 earnings report, released today, net income rose to NT$18.68 billion (about $624.6 million) this quarter -- a 68 percent increase over Q3 2010 and a seven percent bump over last quarter, when HTC reported [record profits](http://www.engadget.com/2011/07/06/htc-does-the-whole-record-profit-thing-again-for-q2/). Revenue, meanwhile, rose by 79 percent on the year to NT$135.8 billion (around $4.54 billion), which the manufacturer attributed to "strong brand recognition, leading product portfolio and expanded distribution channels." On a regional level, HTC saw the strongest growth in China, where sales increased by a factor of nine over the past year. This undoubtedly helped the company boost handset shipments, which increased by a whopping 93 percent over the year, to 13.2 million units. For more details and crunchy numbers, hit up the source links, below.
HTC releases Q3 earnings report: profit up by 68 percent, shipments soar by 93 percent originally appeared on Engadget on Mon, 31 Oct 2011 04:39:00 EDT. Please see our terms for use of feeds.
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