HTC’s revenue finally rises in March, but can’t stop Q1 loss

[Wireless News]

http://l1.yimg.com/bt/api/res/1.2/ldqPKMbZaUJ6H7VmPDZrag--/YXBwaWQ9eW5ld3M7Zmk9ZmlsbDtoPTg2O3E9NzU7dz0xMzA-/http://media.zenfs.com/en_US/News/BGR_News/htc-sign-logo.jpg (http://news.yahoo.com/htc-revenue-finally-rises-march-t-stop-q1-112515466.html)HTC on Monday announced its financial results for the first quarter of 2014, having-recorded the second down quarter of its history as a public company. The smartphone maker posted a first-quarter loss of NT$1.88 billion, or roughly $62 million in USD. Analysts were expecting the company’s loss to be narrower at NT$1.59 billion. In the year-ago quarter, HTC managed a small profit of NT$85 million. The company’s revenue saw a big decline in the first quarter this year as well, slipping nearly 23% to NT$33.12 billion, or approximately $1 billion in USD. This storm cloud does have a-silver lining, however. HTC said that following 28 months of consecutive declines, its revenue finally rose 2.16% in March. The company’s new flagship



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