HTC had a bad final quarter in 2017 - the press release announcing the results mostly talks about the good things that happened in January, because there's not much good to talk about in the October-December quarter. For one, the company's revenue was $540 million, which lead to net loss after tax of $337 million. The company attributes this to market competition, product mix, pricing and inventory write-downs. Basically, anything short of natural disaster that could go wrong, did go wrong. The press release goes on to highlight the positives that happened just after the quarter....
Source: https://www.gsmarena.com/htc_had_a_bad_q4_but_is_looking_forward_to_a_better_q1_this_year-news-30263.php
