11:35 - 12.02.2026
February 12, Fineko/abc.az. Lenovo's third-quarter profit declined by 21%, but the company beat analysts' expectations as strong revenue growth helped offset margin pressures.
ABC.AZ reports, referring to Reuters, that the net income attributable to shareholders decreased to $546 million in the three months ended December 31.
Revenue grew 18% year-on-year up to $22.2 billion, exceeding expectations of $20.6 billion, as the world's largest PC maker benefited from demand driven by artificial intelligence.
Adjusted net profit increased by 36% up to $589 million.
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