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LNVGY / 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-Covid slump in global personal computer sales. This marks the fourth consecutive quarter of declining sales for the world's largest PC manufacturer. Read More

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Posted: Aug 17 2023, 06:52

Author Name: Proactive Investors

LNVGY News

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.

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

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-

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

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.

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

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

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.

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