PC maker Lenovo posts 22% revenue jump, tops estimates

BEIJING (Reuters) – Lenovo Group Ltd posted a 22% rise in revenue in its fiscal second quarter from a year earlier, as the global personal computer industry showed signs of recovery. The Chinese technology company reported revenue of $17.85 billion for the quarter ended September 30, exceeding analysts’ expectations according to LSEG data of $15.

997 billion. Net profit reached $359 million, compared with analysts’ estimates of $331.69 million.



(Reporting by Liam Mo and Brenda Goh; Editing by Lincoln Feast.) Disclaimer: This report is auto generated from the Reuters news service. ThePrint holds no responsibilty for its content.

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