HTC posts another quarterly loss prior to the HTC One M8 launch

HTC’s new flagship phone, the HTC One M8, may be launching just in time. The company continues to struggle financially, posting another quarterly loss on Monday according to Bloomberg. For the first quarter of the year, the Tawian-based HTC reported a loss of was NT$1.88 billion (US $62M), which follows a small after-tax profit of NT$0.31 million in the prior quarter based on a net operating loss of NT$42.9 billion. HTC looks to have a potential hit in the new HTC One M8 but the prior model also gained positive reviews.