PC maker Lenovo posts 24% revenue jump, tops estimates

BEIJING (Reuters) - Lenovo Group Ltd posted a 24% 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.



(This story has been corrected to say that the revenue rose 24%, not 22%, in the headline and paragraph 1) (Reporting by Liam Mo and Brenda Goh; Editing by Lincoln Feast).