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Lenovo Group Limited (LNVGF)

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1.4250+0.0250 (+1.79%)
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  • Yahoo Finance Video

    Lenovo Q4 beat fueled by new AI PC offerings, exec. explains

    Lenovo (0992.HK, LNVGY) has reported its fourth-quarter earnings, surpassing estimates on both the revenue and earnings front. Lenovo North America President Ryan McCurdy joins Market Domination to discuss the computer company's growth trajectory and outlook. Despite facing some headwinds, McCurdy notes that Lenovo has experienced growth over the past four quarters. He highlights that the company's North American segment has seen an 11% increase in its business, signaling that they have "successfully navigated this industry downturn." One of the key drivers behind Lenovo's revenue growth, according to McCurdy, has been the introduction of its new AI PCs, developed in partnership with Microsoft (MSFT). He believes "the industry is ready" for such innovative product offerings, capitalizing on the ongoing refresh within the company and the booming demand for artificial intelligence solutions. For more expert insight and the latest market action, click here to watch this full episode of Market Domination. This post was written by Angel Smith

  • South China Morning Post

    Lenovo beats expectations on revenue, profit in March quarter, eyes AI PCs for future growth

    Lenovo Group, the world's largest personal computer (PC) maker, reported a 9 per cent year-on-year increase in revenue for the March quarter, marking its second consecutive quarterly revenue growth. The company, with dual headquarters in Beijing and Raleigh in North Carolina, posted a better-than-expected quarterly revenue of US$13.8 billion, exceeding the estimated US$13.09 billion consensus figure from analysts surveyed by Bloomberg. It marks Lenovo's second consecutive quarter of growth after

  • Bloomberg

    Lenovo Beats Estimates With AI Helping PC Sales Rebound

    (Bloomberg) -- Lenovo Group Ltd. reported a third successive quarter of better-than-expected profit as the company exited a nadir for PC and server demand.Most Read from BloombergWhat the Trump Jury Saw as Evidence Against Him in 12 ImagesBiden to End Tariff Exclusions on Hundreds of Chinese ProductsSchwarzman Plans to Back Trump, Scoring a Wall Street Win for GOPThe Rise and Fall of Simon Sadler's Segantii, One of Asia's Most Successful Hedge FundsSingapore Air Changes Seatbelt Rules After Fata