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Lenovo reports Q4 revenue up 23% to $16.98B, vs. $15.6B est., and net profit down 64% YoY to ~$90M, below $225.8M est., reflecting AI and PC market competition

The Chinese company reported net income of $90 million for the March quarter versus projections for more than $200 million …

Bloomberg

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  • @business @business on x
    Lenovo posted its fourth straight quarter of double-digit revenue growth, reflecting a growing lead in PCs as well as demand for AI servers https://www.bloomberg.com/...