HTC recorded consolidated revenues of NT$47 billion (US$1.58 billion), gross margin of 20.4%, net operating loss of NT$3.5 billion, net loss of NT$3 billion and net loss per share of NT$3.58 for the third quarter of 2013, the company said at a November 5 investors conference.

　　Third-quarter consolidated revenues slipped 33.5% on quarter and 33% on year. Gross margin dropped 2.8pp on quarter and 4.7pp on year, HTC noted.

　　In the third quarter, HTC began cooperation with Verizon Wireless for contract-bundled sales of the HTC One in the US market and launched HTC One Max, its first TD-LTE-enabled smartphone, in China.

　　HTC ended its partnership with US-based Beats Electronics and sold back its remaining 24.84% stake at US$415 million, the company indicated. HTC has been developing in-house sound technology, HTC BoomSound, the company said.

　　For operations in the fourth quarter, HTC forecasts consolidated revenues of NT$40-45 billion, gross margin of 19-21% and net EPS of NT$0.10-1.70.

　　HTC posted consolidated revenues of NT$14.995 billion for October, decreasing 17.39% on month and 12.89% on year, and NT$175.498 billion for January-October, falling 28.72% on year.