Breaking News

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro Sony launches a high-resolution shotgun microphone with superior sound quality and compact design. Arctic announces New Liquid Freezer III Pro 280 and Pro 420 Silicon Power Launches Hypera microSDXC Express Card Samsung announces Watch8, Z Fold7 and Z Flip7

logo

  • Share Us
    • Facebook
    • Twitter
  • Home
  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map

Search form

HTC Continues to Report Losses

HTC Continues to Report Losses

Smartphones Aug 11,2017 0

HTC remains in the red last quarter, despite an increase in the company's revenue as part of the sales of its latest HTC U11 flagship handset.

The company reported net losses of NT$1.95 billion (US$64.2 million) for the April-to-June quarter, the ninth straight unprofitable quarter, translating to losses of NT$2.37 per share.

Revenue came in at NT$16.1 billion last quarter, 11 percent higher than NT$14.5 billion in the prior quarter, as the company launched its U11 smartphone in May, HTC said in a statement.

Thanks to continued streamlining of processes and realignment of resources across the company, HTC said it saw operating expenses fall to NT$4.4 billion from NT$4.7 billion three months ago and NT$6.4 billion a year earlier.

Operating losses narrowed to NT$2.2 billion last quarter from NT$2.4 billion the previous quarter and NT$4.2 billion a year earlier, company data showed.

Tags: HTC
Previous Post
Sharp Sees Collaboration With Japan Display
Next Post
IBM Claims Record Deep Learning Performance

Related Posts

  • HTC Unveils The Privacy-focused EXODUS 5G Router

  • HTC Launches the Mid-range U19E and HTC Desire 19 Plus Smartphones in Taiwan

  • MWC: HTC Unveils New 5G Mobile Smart Hub

  • HTC Unveils the Mid-range Desire 12s Smartphone

  • Sprint and HTC to Release 5G Mobile Smart Hub in First Half of 2019

  • HTC Remains Committed to the Smartphone Business

  • HTC Inverstigates Incompatibilities of Vive Wireless Adapter With AMD Ryzen Chipsets

  • HTC's Exodus 1 Blockchain Phone Available For Preorder, Costs 0.15 bitcoin

Latest News

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro
PC components

Razer Unveils the Ultra-Lightweight DeathAdder V4 Pro

Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.
Cameras

Sony launches a high-resolution shotgun microphone with superior sound quality and compact design.

Arctic announces New Liquid Freezer III Pro 280 and Pro 420
Cooling Systems

Arctic announces New Liquid Freezer III Pro 280 and Pro 420

Silicon Power Launches Hypera microSDXC Express Card
Cameras

Silicon Power Launches Hypera microSDXC Express Card

Samsung announces Watch8, Z Fold7 and Z Flip7
Smartphones

Samsung announces Watch8, Z Fold7 and Z Flip7

Popular Reviews

be quiet! Light Loop 360mm

be quiet! Light Loop 360mm

be quiet! Dark Mount Keyboard

be quiet! Dark Mount Keyboard

be quiet! Light Mount Keyboard

be quiet! Light Mount Keyboard

Noctua NH-D15 G2

Noctua NH-D15 G2

Soundpeats Pop Clip

Soundpeats Pop Clip

be quiet! Light Base 600 LX

be quiet! Light Base 600 LX

Crucial T705 2TB NVME White

Crucial T705 2TB NVME White

be quiet! Pure Base 501

be quiet! Pure Base 501

Main menu

  • Home
  • News
  • Reviews
  • Essays
  • Forum
  • Legacy
  • About
    • Submit News

    • Contact Us
    • Privacy

    • Promotion
    • Advertise

    • RSS Feed
    • Site Map
  • About
  • Privacy
  • Contact Us
  • Promotional Opportunities @ CdrInfo.com
  • Advertise on out site
  • Submit your News to our site
  • RSS Feed