For nine consecutive three-month quarters, HTC has announced a loss. It makes you wonder how the company can afford to keep spending for the red-ink cartridges that they are using to print these reports. The just announced net loss for the second quarter of 2017 amounted to $64.23 million USD, a slight 3.9% improvement from the $66.87 million USD loss that HTC reported for the previous quarter. This works out to a loss of 7.8 U.S. cents a share for Q2 versus a loss of 8 U.S. cents a share for this year’s first quarter. Gross margins declined to 13.7% from 16.3% during the same time period.