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HTC hints at recovery

September 7, 2016

Via: CNET
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HTC has had a tough few years. From its removal from the Taiwanese Top 50 Index to a dwindling market share, it is hard to believe that at one time HTC was the biggest phone brand in the US.

Its August financial results do offer something of a silver lining, though, with the company reporting revenues of $209.94 million for the month, up 4.11 percent from July.

That’s a year-over-year decrease of 4.5 percent. It sounds like bad news, but it’s actually a significant improvement. Back in March, the company reported a year-over-year revenue drop of 79 percent.

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