htc

Discussing Q3 net losses equivalent to $139M – amounting to a painful 23.1% of revenues – HTC has given up on trying to predict its financial future. According to a tweet by the WSJ's Eva Dou, the company refused to give any Q4 guidance during today's earnings call, and said that it will not be doing so for future quarters.

While the loss isn't as bad as the $265M it made in the previous quarter thanks to ruthless cost-cutting measures, revenues are down and the loss as a percentage of revenue is up – leading some to question whether the company has a future ...  Read more of this post