HTC's Q3 financial results are in: weak revenue and big losses

The HTC U12+ After releasing its revenue report for the month of October last week, today HTC has published its financial report for the ...

The HTC U12+

After releasing its revenue report for the month of October last week, today HTC has published its financial report for the third quarter of 2018 and, despite efforts to reduce costs, the company experienced yet another loss.

For the period ending September 30, HTC saw total revenues of just $130.8 million, a figure which represents a drop of almost $400 million versus the previous year. However, it's worth noting that the Taiwan-based company’s efforts to reduce operating costs were very noticeable, going from a whopping ...

from PhoneArena https://ift.tt/2T4bX8x