HTC Q1 2014 earnings show sizeable losses once more

HTC's unaudited earnings for Q1 2014 are out and it doesn't make for particularly positive reading. The Taiwanese firm has announced a net loss of NT$1.88 billion on revenue of NT$33.12 billion. This is way down on the modest profit made in the final quarter of 2013, though there are factors to consider.

Namely the brand new HTC One M8 was only on sale for about a week of the first quarter. As such we'll not see any potential impact it's going to have on HTC's financials for another three months. Initial reception has been good, though, but it's still too early to tell whether or not it will help HTC begin to turn things around.

Other than that, there's little else been released from HTC at this time, and we'll update if any further information becomes available.

Source: HTC

Richard Devine