UPDATE 2-China's Lenovo posts Q3 revenue growth, beats analyst estimates [Yahoo! Finance]
LENOVO GROUP LTD S/ADR (LNVGY)
NASDAQ:AMEX Investor Relations:
www3.lenovo.com/us/en/lenovo/investor_relations
Company Research
Source: Yahoo! Finance
HONG KONG, Feb 22 (Reuters) - China's Lenovo Group , the world's largest maker of personal computers, on Thursday reported October-December revenue of $15.72 billion, up 3% from the same period a year earlier. The result compared with the $15.25 billion average of eight analyst estimates compiled by LSEG. Revenue started contracting in 2022 at the end of a boom in demand for PCs and other electronic products brought about by COVID-19. Lenovo then recorded five quarters of revenue decline, with analysts forecasting growth in the sixth. Net income attributable to shareholders rose 23% to $337 million in October-December, versus analysts' $309 million estimate. Researcher Gartner in January reported Lenovo's third-quarter PC shipments grew 3.2% versus the same period a year earlier. Industry-wide PC shipments likewise grew, by 0.3%, reflecting market recovery after an almost two-year decline. Lenovo controlled 25.6% of the global PC market during the period, Gartner data showe
Show less
Read more
Impact Snapshot
Event Time:
LNVGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LNVGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LNVGY alerts
High impacting LENOVO GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
LNVGY
News
- Global CIOs geared up to scale AI but organizations aren't as ready [Yahoo! Finance]Yahoo! Finance
- Global CIOs geared up to scale AI but organizations aren’t as readyBusiness Wire
- Lenovo Advances Hybrid AI Innovation to Meet the Demands of the Most Compute Intensive WorkloadsBusiness Wire
- Lenovo Announces LISSA: New AI-powered Capability That Helps Businesses Reduce IT Footprint [Yahoo! Finance]Yahoo! Finance
- Lenovo Announces LISSA: New AI-powered Capability That Helps Businesses Reduce IT FootprintBusiness Wire