Another round of earnings data is out from Taiwan-based smartphone maker HTC, and the storyline is unfortunately much the same as it’s been for a while now. The company is struggling so much that, in terms of yearly revenue, 2018 was the company’s worst since going public back in 2002.
To get an idea of how bad things have gotten, the company grossed the US equivalent of $770 million last year — the first time that total has fallen below $1 billion for the year during HTC’s stint as a public company.
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HTC’s phone sales are so abysmal that 2018 was its worst year since going public originally appeared on BGR.com on Fri, 4 Jan 2019 at 18:12:46 EDT. Please see our terms for use of feeds.
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