HTC continues to suffer losses, and revenue continues to decline
HTC has published a report containing information on the results of the fourth quarter of fiscal 2016 and the entire year overall.
Revenue for the quarter amounted to approximately 720 million dollars. For comparison, a year earlier it was $ 836 million At the end of the year HTC was rescued 3.35 billion dollars, while in 2015 the figure was equal to 4.2 billion.
But more importantly, the company is still losing money. Operating losses by the end of the last quarter of the year amounted to 117 million dollars, and at the end of the year, 340 million However, the figures of the corresponding periods of last year in both cases was even worse.