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HTC's Q3 2013 sees $101 million operating loss

HTC bleeds some more, announces $101 million operating loss for Q3 2013 (TPE:2498)

| Business, Financial & Legal News | Posted: Oct 4, 2013 3:34 am

We know HTC aren't doing well, but it looks like the problem it is going through is continuing. The Taiwanese manufacturer has posted up its preliminary unaudited financial results for Q3 2013, posting an operating loss of $101 million.

 

htc_s_q3_2013_sees_101_million_operating_loss_02

 

This is the first operating loss in HTC's history, but take a look at the break down in its Q3 2013 financials:

 

  • Total revenues of $1.6 billion (NT$47.05 billion)
  • Operating loss before tax of $119.4 million (NT$3.50 billion)
  • Operating loss after tax of $101.3 million (NT$2.97 billion)
  • Earnings per share after tax of -$0.12 (-NT$3.58)

NEWS SOURCES:Androidcentral.com

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