HTC records $133 million in operating loss in Q3 2016

HTC has announced financial results for Q2 2016. The Taiwanese smartphone maker has recorded operating loss of NT$4.2 billion ($133 million USD). HTC reported strong revenues in Q3’16 that rose sequentially by 18% and by 4% year-on-year. The company recorded $700 million in overall revenue. HTC’s operating margin improved significantly, moving from -23.1% to -9.0% in the past 12 months. … Continue reading "HTC records $133 million in operating loss in Q3 2016"

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