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HTC ships 9.7M units in Q1, revenue up 174% year-over-year

Updated Dec 19th, 2018 7:13PM EST

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HTC is getting the job done. The company reported Q1 earnings this morning, and the Taiwanese handset maker saw staggering growth in nearly all metrics. During the first-quarter of 2011, the company shipped 9.7 million units, a 192% increase from the same quarter last year and a 6% increase from the previous holiday quarter. The company also posted revenues of NT$104.16 billion, up 174% year-over-year and 0.1% quarter-over-quarter. Gross profits and total assets also jumped 162.2% and 75.1% respectively year-over-year. Not a bad little quarter for HTC. The company expects shipments to be between 11 million and 11.5 million units in Q2, which would represent a 100+% increase year-over-year.