Seeking Alpha

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.
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