HTC Q2 in Line: Baird Sees Challenges Ahead
Posted on July 06, 2012 at 10:06 AM EDT
Shares of smartphone maker HTC (2498TW) dropped $17.50 in New Taiwan dollars overnight in Taipei trading, a 5% decline, to $322, after the company this morning reported Q2 revenue of $91 billion, equal to about $3.04 billion, slightly below the Street consensus of $3.16 billion. The company turned in EPS of $8.90 per share, or [...]