After reporting a profit in the several recent quarters, HTC today says that Q2 2015 is going to break its profit streak.
HTC has announced its preliminary results for Q2 2015, saying that it expects to report revenue of NT$33.01 billion ($1.067 billion USD) and an operating loss of NT$5.14 billion ($166 million USD). Net loss after tax for the quarter was NT$8.03 billion ($260 million USD).
While the past year or two have been a bit rough on HTC’s financials, the company was able to pull in a bit of profit at the end of 2014 and start of 2015, bringing in nearly $10 million USD at the end of last year and $11 million USD at the start of this year. It looks like HTC’s profit streak is over now, though, which is disappointing for HTC and its fans.