financetom
Technology
financetom
/
Technology
/
Lenovo reports a 5% fall in Q2 profit
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Lenovo reports a 5% fall in Q2 profit
Nov 19, 2025 4:18 PM

BEIJING (Reuters) -China's Lenovo ( LNVGF ) on Thursday reported a 5% drop in second-quarter profit.

The world's largest personal computer maker posted revenue of $20.5 billion for the three months ended September 30, ahead of analysts' expectations of $20.3 billion, according to LSEG data. Net profit attributable to shareholders was $340 million, below the consensus estimate of $449.4 million.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
ASML's lowered outlook suggests factory overcapacity, not chip doom
ASML's lowered outlook suggests factory overcapacity, not chip doom
Oct 17, 2024
(Reuters) - Computer chip equipment maker ASML's deep cuts to its 2025 sales forecast sparked a sell-off in chip stocks on Tuesday over worries that global chip demand may be faltering.  The weaker outlook could, instead, reflect some overcapacity at chip factories that had already stocked up on ASML's pricey tools during the pandemic and have become better at using...
Why Taiwan Semiconductor Manufacturing Company Shares Are Volatile
Why Taiwan Semiconductor Manufacturing Company Shares Are Volatile
Oct 17, 2024
Shares of Taiwan Semiconductor Mfg. Co. Ltd. the world's largest contract chipmaker, dropped 2.74% to $186.95 in Tuesday's trading. Shares of chip stocks are trading lower in sympathy with ASML, which fell after issuing soft guidance. Some stocks in the sector may also be down on reports indicating the U.S. is discussing curbing chip exports to some countries. What’s Happening: ASML’s revised...
Key Takeaways From ACI Worldwide Analyst Ratings
Key Takeaways From ACI Worldwide Analyst Ratings
Oct 17, 2024
ACI Worldwide ( ACIW ) has been analyzed by 4 analysts in the last three months, revealing a diverse range of perspectives from bullish to bearish. The following table encapsulates their recent ratings, offering a glimpse into the evolving sentiments over the past 30 days and comparing them to the preceding months. Bullish Somewhat Bullish Indifferent Somewhat Bearish Bearish Total...
Telecoms giant America Movil triples quarterly net profit in Q3
Telecoms giant America Movil triples quarterly net profit in Q3
Oct 17, 2024
MEXICO CITY (Reuters) - Mexican telecommunications giant America Movil reported on Tuesday that it more than tripled its net profit in the third quarter from a year ago, citing a weaker peso boosting its foreign earnings and lower financing costs. Net profit increased 217% to reach 6.43 billion Mexican pesos ($326.37 million), the company said in a filing to Mexico's...
Copyright 2023-2025 - www.financetom.com All Rights Reserved