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HTC announces $101 million Loss for Q3 2013

By
Ash
 - 
Oct 4, 2013

First operating lo​ss in company history despite strong sales of HTC One.

HTC has released its preliminary unaudited financial results for the Q3 2013, with an operating loss of over $101 million (NT$2.97 billion). Here's how the quarter's financials break down:

 

  • Total revenues of $1.6 billion (NT$47.05 billion)
  • Operating loss before tax of $119.4 million  (NT$3.50 billion)
  • Operating loss after tax of $101.3 million (NT$2.97 billion)
  • Earnings per share after tax of -$0.12 (-NT$3.58)

HTC is still fighting back with more flagship devices coming soon like the HTC Max but this shows you that its a hard market out there.

 

Source

 

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