Previous close | 11.420 |
Open | 11.300 |
Bid | 11.320 x 0 |
Ask | 11.340 x 0 |
Day's range | 11.160 - 11.620 |
52-week range | 6.900 - 11.620 |
Volume | |
Avg. volume | 55,646,533 |
Market cap | 140.267B |
Beta (5Y monthly) | 1.11 |
PE ratio (TTM) | 20.21 |
EPS (TTM) | 0.560 |
Earnings date | N/A |
Forward dividend & yield | 0.38 (3.33%) |
Ex-dividend date | 28 Nov 2023 |
1y target est | 11.08 |
HONG KONG (Reuters) -China's Lenovo Group reported a 9% rise in fourth-quarter revenue to $13.8 billion on Thursday, as the world's largest maker of personal computers (PCs) exits a demand slump following the aftermath of the COVID-19 pandemic. This marks a second consecutive quarter of revenue growth for Lenovo after it suffered five straight quarters of revenue declines amid the post-COVID slowdown. PC shipments grew 1.5% year over year to 59.8 million during the quarter, with Lenovo firmly holding on to the No.1 title with a 23% market share, according to IDC.
HONG KONG, May 23, 2024--Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced Q4 and full-year results for fiscal year 2023/24. After resuming growth in Q3, the Group reported year-on-year revenue growth across all business groups in Q4, with Group revenue increasing nearly 10% year-on-year to US$13.8 billion, net income doubling year-on-year to US$248 million, and non-PC revenue mix reaching a historic high of 45%. The Group’s Q4 and overall 2nd half performance demonstrates how Lenovo has nav
AMD is expanding its footprint among small and medium businesses with the launch of the EPYC 4004 Series processors.