HTC released the financial results for the third quarter of this year (that ended in September). The company showed growing revenues - 18% sequentially and 4% year-on-year - but it still posted an operating loss. The total revenue for the quarter was NTD 22.2 billion (USD 700 million) with a gross margin of 16.1%. The operating margin has improved, now at -9% (down from -23.1% a year ago). The operating loss was NTD 2 billion (USD 63 million) and an after tax net loss of NTD 1.8 billion. The press release shows HTC's increasing focus on Virtual Reality. The HTC Vive (winner of...
Source: http://www.gsmarena.com/htc_q3_results_revenue_rises_losses_shrink-news-21330.php
