https://ift.tt/7XGOl5a Reports Slowest Revenue Growth in Eight Quarters With 0.2 Percent Raise - Level tech

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Thursday, August 11, 2022

https://ift.tt/7XGOl5a Reports Slowest Revenue Growth in Eight Quarters With 0.2 Percent Raise

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Lenovo has reported flat revenue for the April to June quarter, with its most subdued result in eight quarters. The company’s total revenue during the period was $16.96 billion (roughly Rs. 1,34,800 crore), up 0.2 percent from the same quarter a year ago. However, Lenovo has made big strides in expanding into other higher-margin businesses. The non-PC business now...Lenovo has reported flat revenue for the April to June quarter, with its most subdued result in eight quarters. The company’s total revenue during the period was $16.96 billion (roughly Rs. 1,34,800 crore), up 0.2 percent from the same quarter a year ago. However, Lenovo has made big strides in expanding into other higher-margin businesses. The non-PC business now...

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