HTC reports its Q3 2015 revenue

HTC has announced its Q3 2015 earnings, which unfortunately don't look too pretty for the company. The Taiwanese manufacturer recorded a revenue of NT$21.4 billion ($660 million), which is nearly half of its NT$41.9 billion ($1.3 billion) from the same quarter in 2014. HTC booked an operating loss of NT$4.9 billion ($151 million), compared to its NT$200 million ($6.2 million) of profit in 2014. The net loss after tax this quarter was NT$4.5 billion ($139 million), and HTC has stated that it will not be giving guidance for the next quarter to avoid future side affects.

The total assets for HTC stand valued at NT$136.3 billion ($4.2 billion), compared to the NT$165.4 billion ($5.1 billion) that it had on hand during the same quarter of 2014. HTC recently announced the One A9, another effort from the company to turn things around.

Source: HTC