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LNVGY / Lenovo may join its peers in making mass layoffs after disappointing fiscal 3Q results; shares fall

Lenovo may join its peers in making mass layoffs after disappointing fiscal 3Q results; shares fall
Lenovo Group Ltd shares stumbled Friday after the Chinese technology company posted its first profit decline in three years.  The personal computer maker posted fiscal third-quarter (ended December 31) revenue that fell 24% to $15.3 billion, its largest year-over-year dip in 14 years. Read More
Posted: Feb 17 2023, 11:25
Author Name: Proactive Investors
Views: 110295

LNVGY News  

Lenovo Still Undervalued With A PC And Server Rebound Ahead, As Well As AI Leverage

By Seeking Alpha
October 13, 2023

Lenovo Still Undervalued With A PC And Server Rebound Ahead, As Well As AI Leverage

PC and server markets have faced challenges in 2023, but channel inventories are finally where they need to be and 2024 should see a return to growth. more_horizontal

Lenovo Group Limited (LNVGY) Q1 2024 Earnings Call Transcript

By Seeking Alpha
August 17, 2023

Lenovo Group Limited (LNVGY) Q1 2024 Earnings Call Transcript

Lenovo Group Limited (OTCPK:LNVGY) Q1 2024 Earnings Conference Call August 17, 2023 3:00 AM ET Company Participants Jenny Lai - Vice President of Inve more_horizontal

Lenovo posts dismal revenues and profit margins in first quarter

By Proactive Investors
August 17, 2023

Lenovo posts dismal revenues and profit margins in first quarter

Lenovo Group, the Chinese multinational technology giant, reported a significant 24% drop in revenue in the last quarter, reflecting the ongoing post- more_horizontal

Full interview: Lenovo CFO Wai Ming Wong on the company's full-year results and outlook

By CNBC International TV
May 25, 2023

Full interview: Lenovo CFO Wai Ming Wong on the company's full-year results and outlook

Lenovo CFO Wai Ming Wong breaks down the company's full-year earnings report. Full story: https://cnb.cx/3MUBMFZ more_horizontal

China's Lenovo shrugs off concerns that global PC market is shrinking

By CNBC
May 24, 2023

China's Lenovo shrugs off concerns that global PC market is shrinking

Global personal computer demand continued to slump and revenues fell for a third consecutive quarter but China's PC maker Lenovo is not worried. more_horizontal

U.S.-China chip tensions have no 'material impact' on our business, says Lenovo

By CNBC International TV
May 24, 2023

U.S.-China chip tensions have no 'material impact' on our business, says Lenovo

Wong Wai Ming, chief financial officer of the technology company, says it has been complying with all the rules and regulations of the countries it op more_horizontal

Can the PC Market Bounce Back From the Cuurent Lows?

By Zacks Investment Research
April 24, 2023

Can the PC Market Bounce Back From the Cuurent Lows?

PC shipments have been declining over the past few quarters, impacting players like Lenovo Group (LNVGY), HP Inc. (HPQ), Dell Technologies (DELL) and more_horizontal

3 Reasons Why Growth Investors Shouldn't Overlook Lenovo Group Ltd. (LNVGY)

By Zacks Investment Research
April 4, 2023

3 Reasons Why Growth Investors Shouldn't Overlook Lenovo Group Ltd. (LNVGY)

Lenovo Group Ltd. (LNVGY) could produce exceptional returns because of its solid growth attributes. more_horizontal


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