HTC revenues slide 45% in August

Shares of HTC (HTCKF.OB) slump in Taipei as August revenue reportedly falls 45% Y/Y to $443.3M.

The numbers show a 16% decline from July.

"HTC’s September sales will have to grow 60% M/M to meet the low end of its third-quarter guidance," one analyst tells WSJ.

Many analysts now expect the company to post a loss for the year.

From other sites
Comments (0)
Be the first to comment
DJIA (DIA) S&P 500 (SPY)
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs