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Monday, October 5, 2015

HTC's financial report for Q3 '15 is here, the highlight is a net loss of $138 million

HTC's financial report for Q3 '15 is here, the highlight is a net loss of $138 million: To say that the financial situation of HTC is a bit complicated would be an understatement. For the past few months, we've constantly reported about the constantly tumbling profits, as well as the company's plummeting share price and how this made it worthless to its shareholders. Unfortunately, the streak has not been broken and the woes of the Taiwanese company continue: it just posted a report for Q3 of 2015, which reveals that it's still bleeding red ink left and right. 

HTC's net loss for the three-month period that began July 1 and ended on September 30 is NT$4.48 ...

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