HTC Posts Second Loss in Three Quarters Ahead of M8 Phone

Bloomberg:

       Photographer: Lam Yik Fei/Bloomberg

HTC Corp. (2498) posted its second loss in three quarters after sales at the Taiwanese maker of smartphones slowed ahead of the release of a new version of its mainstay One device.

First-quarter loss was NT$1.88 billion ($62 million), the Taoyuan, Taiwan-based company said in a statement today. That compares with the NT$1.71 billion average loss of 13 analysts’ estimates compiled by Bloomberg. HTC on Feb. 10 forecast a loss of NT$860 million to NT$3.11 billion.

                                                                                                                                     

Vlad Savov / The Verge: HTC returns to losing ways in the final months before M8 launch
Steve Dent / Engadget: HTC breaks sales losing streak, believes the new One will help it turn a profit
Natasha Lomas / TechCrunch: HTC Dips Back Into The Red, Posting Q1 Loss Of $62M
Zach Epstein / BGR: HTC's revenue finally rises in March, but can't stop Q1 loss Zack Whittaker / ZDNet: HTC posts bigger than expected Q1 loss on poor flagship phone sales
Michael Gold / Reuters: Taiwan's HTC posts first-quarter loss, lags estimates
Eva Dou / Wall Street Journal: Tough Road Ahead for HTC BBC: HTC reports bigger-than-expected quarterly loss

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