Lenovo Profit
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Dell Beats Quarterly Estimates After Cost Cuts Despite 20 Percent Drop in Revenue
Better cost controls helped Dell Technologies beat estimates for first-quarter profit on Thursday, a positive sign for personal computer makers after months of cratering demand.
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Lenovo Says Global Chip Shortage to Persist as Q2 Profit Jumps 65 Percent
Lenovo said that a global chip shortage would persist into the first half of next year as it reported a 65 percent rise in second-quarter profit.
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Lenovo Rides Work-From-Home Demand to Beat Q1 Profit Expectations
Lenovo, the world's biggest maker of personal computers, posted a better-than-expected jump in first-quarter profit as COVID-19 curbs continued to spur work-from-home demand.
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Lenovo Rides Work-From-Home Demands to Post 512 Percent Q4 Profit Growth
Lenovo posted a better-than-expected rise of 512 percent in fourth-quarter profit, as more consumers working and studying from home powered demand for the world's biggest maker of personal computers.
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Lenovo Posts Jump in PC Sales on Remote Working Trend
Lenovo Group, the world's biggest PC maker, smashed expectations with a 31 percent leap in first-quarter net profit, as the coronavirus pandemic spurs businesses to shift to remote work and schools to switch to online learning.
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Lenovo Sees Growth in Last Quarter as More People Work From Home
Net profit tumbled 64 percent in January-March to $43 million (roughly Rs. 325 crores) but was ahead of a Refinitiv consensus estimate of $7.5 million (roughly Rs. 56.7 crores). Revenue slid 9.7 percent to $10.6 billion (roughly Rs. 80,237 crores).
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Lenovo Warns of Coronavirus Challenges, Third-Quarter Profit Beats Expectations
Lenovo said on Thursday net profit for the quarter ended December rose 11 percent to $258 million thanks to strong demand for its PCs and smart devices, beating an average $223 million estimate of seven analysts, according to Refinitiv data.
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Lenovo Post Huge Jump in Profits on Strong PC Sales
Lenovo reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world's largest PC maker to beat market expectations.
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Lenovo Returns to Profit on Mobile, PC, and Smart Devices Growth
Lenovo's Mobile Business Group also recorded a pre-tax profit for the first time since it bought Motorola in 2014 for $2.9 billion, having struggled to integrate the assets.
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Lenovo Posts First Quarter Profit as Recovery Continues
"The Group remains confident in its core PC business, and aims to grow ... without compromising on profitability," chairman Yang Yuanqing said in a statement.
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Lenovo Posts Biggest Loss Since 2009 on Higher Component Costs
Lenovo said higher component costs, an expected tax writedown, and lower income from asset disposals overshadowed growth in revenue.
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Lenovo Posts Profit Despite PC Slump Thanks to Asset Sale
Profit reached $157 million for the three months ended Sept. 30, from its worst-ever quarterly loss of $714 million in the same period a year earlier.
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Lenovo Posts First Annual Loss in 6 Years on M&A Costs
The world's biggest PC maker booked a net loss of $128 million for the business year ended March, from $829 million profit a year earlier.
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LG Electronics Posts Massive Profit Jump Despite Smartphone Sales Slump
Aggressive cost-cutting efforts and falling display panel prices helped boost profit margins, the company said.
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Lenovo Posts Profit Gain Despite Slowing PC Sales, Smartphone Growth
Lenovo said net profit for the three months ended December 31 was $300 million, a 19 percent increase year-on-year.
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Dell Beats Quarterly Estimates After Cost Cuts Despite 20 Percent Drop in Revenue
Better cost controls helped Dell Technologies beat estimates for first-quarter profit on Thursday, a positive sign for personal computer makers after months of cratering demand.
-
Lenovo Says Global Chip Shortage to Persist as Q2 Profit Jumps 65 Percent
Lenovo said that a global chip shortage would persist into the first half of next year as it reported a 65 percent rise in second-quarter profit.
-
Lenovo Rides Work-From-Home Demand to Beat Q1 Profit Expectations
Lenovo, the world's biggest maker of personal computers, posted a better-than-expected jump in first-quarter profit as COVID-19 curbs continued to spur work-from-home demand.
-
Lenovo Rides Work-From-Home Demands to Post 512 Percent Q4 Profit Growth
Lenovo posted a better-than-expected rise of 512 percent in fourth-quarter profit, as more consumers working and studying from home powered demand for the world's biggest maker of personal computers.
-
Lenovo Posts Jump in PC Sales on Remote Working Trend
Lenovo Group, the world's biggest PC maker, smashed expectations with a 31 percent leap in first-quarter net profit, as the coronavirus pandemic spurs businesses to shift to remote work and schools to switch to online learning.
-
Lenovo Sees Growth in Last Quarter as More People Work From Home
Net profit tumbled 64 percent in January-March to $43 million (roughly Rs. 325 crores) but was ahead of a Refinitiv consensus estimate of $7.5 million (roughly Rs. 56.7 crores). Revenue slid 9.7 percent to $10.6 billion (roughly Rs. 80,237 crores).
-
Lenovo Warns of Coronavirus Challenges, Third-Quarter Profit Beats Expectations
Lenovo said on Thursday net profit for the quarter ended December rose 11 percent to $258 million thanks to strong demand for its PCs and smart devices, beating an average $223 million estimate of seven analysts, according to Refinitiv data.
-
Lenovo Post Huge Jump in Profits on Strong PC Sales
Lenovo reported a more than three-fold increase in its quarterly profit as strong computer sales helped the world's largest PC maker to beat market expectations.
-
Lenovo Returns to Profit on Mobile, PC, and Smart Devices Growth
Lenovo's Mobile Business Group also recorded a pre-tax profit for the first time since it bought Motorola in 2014 for $2.9 billion, having struggled to integrate the assets.
-
Lenovo Posts First Quarter Profit as Recovery Continues
"The Group remains confident in its core PC business, and aims to grow ... without compromising on profitability," chairman Yang Yuanqing said in a statement.
-
Lenovo Posts Biggest Loss Since 2009 on Higher Component Costs
Lenovo said higher component costs, an expected tax writedown, and lower income from asset disposals overshadowed growth in revenue.
-
Lenovo Posts Profit Despite PC Slump Thanks to Asset Sale
Profit reached $157 million for the three months ended Sept. 30, from its worst-ever quarterly loss of $714 million in the same period a year earlier.
-
Lenovo Posts First Annual Loss in 6 Years on M&A Costs
The world's biggest PC maker booked a net loss of $128 million for the business year ended March, from $829 million profit a year earlier.
-
LG Electronics Posts Massive Profit Jump Despite Smartphone Sales Slump
Aggressive cost-cutting efforts and falling display panel prices helped boost profit margins, the company said.
-
Lenovo Posts Profit Gain Despite Slowing PC Sales, Smartphone Growth
Lenovo said net profit for the three months ended December 31 was $300 million, a 19 percent increase year-on-year.
