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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| International Business Machines Corp | NYSE:IBM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.98 | 0.59% | 166.69 | 9,100 | 13:39:00 |
From May 2019 to May 2024
By Eva Dou
BEIJING--Lenovo Group Ltd. (0992.HK), the world's largest personal-computer maker, said Wednesday its net profit for its fiscal third quarter rose 18.6% from a year ago, beating analyst expectations.
The Chinese consumer electronics major said its net profit for quarter ended December was $300 million, compared with a net profit of $253 million a year earlier.
The result came in above the $226.3 million average estimate of 19 analysts surveyed earlier by Thomson One Analytics.
Revenue fell 8.5% to $12.9 billion from $14.1 billion a year earlier.
Lenovo had posted its first quarterly loss in more than six years in its fiscal second quarter on write-downs as it grappled with the integration of two U.S. acquisitions and a slowdown in growth for PCs and smartphones.
Write to Eva Dou at eva.dou@wsj.com
(END) Dow Jones Newswires
February 03, 2016 00:13 ET (05:13 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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