HTC’s revenue finally rises in March, but can’t stop Q1 loss

  • Thread starter Thread starter Zach Epstein
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Zach Epstein

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HTC on Monday announced its financial results for the first quarter of 2014, having recorded the second down quarter of its history as a public company. The smartphone maker posted a first-quarter loss of NT$1.88 billion, or roughly $62 million in USD. Analysts were expecting the company's loss to be narrower at NT$1.59 billion. In the year-ago quarter, HTC managed a small profit of NT$85 million.

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