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After a Dip in the First Quarter, HTC Sees Profits A-Comin'

HTC posted another quarterly loss on Tuesday but said it expects to return to profitability in the current quarter amid strength from its new flagship HTC One (M8) as well as its mid-range Desire 816. For the March-ending quarter, HTC said it posted an unaudited loss of NT$1.88 billion ($62.5 million) on revenue of NT$33.12 billion ($1.1 billion).

This article originally appeared on Recode.net.

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