HTC has announced its preliminary results for its fiscal Q2 and the company has made an operating loss of NT$5.14 billion which is around $166 million for the quarter that ends on June 30th.
The company has unaudited revenue of $33.1 billion which is around $1.07 billion for the quarter and a net loss of around $256 million before tax.
This is the first time in four quarters that HTC has made a lass, the company had returned to profit briefly over the last 12 months.
It would appear that the new HTC One M9 smartphone has not been as popular as HTC had hoped and it was not able to keep the company in the black.
It will be interesting to see what happens to HTC over the rest of the year and whether the company can return to profit again.
Source TechCrunchFiled Under: Mobile Phone News, Technology News