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Lenovo records slowest revenue growth in nine quarters

 2 years ago
source link: https://nextbigwhat.com/lenovo-records-slowest-revenue-growth-in-nine-quarters/
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Lenovo records slowest revenue growth in nine quarters

  • August 10, 2022
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  • Lenovo Group, the world’s biggest maker of personal computers, reported flat revenue for the April to June quarter when many Chinese cities were hit by COVID-19 lockdowns, marking its most subdued result in nine quarters.
  • Total revenue during the period was $16.96 billion, up 0.2% from the same quarter a year ago though it was in line with an average Refinitiv estimate of $16.87 billion drawn from seven analysts.
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