Lenovo shares up 2 percent after fiscal first quarter net be

Home Forums Lenovo shares up 2 percent after fiscal first quarter net be

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    Anonymous

    Technology News

    Lenovo tablets and mobile phones are displayed during a news conference on the company's annual results in Hong Kong(Reuters) – Shares of Lenovo Group Ltd , the world's largest PC maker, rose 2 percent on Thursday after it delivered its second-best quarterly earnings that also beat forecasts thanks to swift expansion in its mobile computing business. Lenovo shares rose 2 percent to HK$7.71, outperforming the Hang Seng Index's 0.3 percent gain. Lenovo's April-June net profit was $174 million, beating a consensus estimate of $166.0 million. (Reporting by Lee Chyen Yee; Editing by Anne Marie Roantree)


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