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DeepNewz, mobile.
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Lenovo's net profit widened 38% to USD243 million in the quarter ended June 30 from a year earlier, according to the Chinese PC giant’s earnings report released today. Revenue jumped 20% to USD15.4 billion in the period. @Lenovo https://t.co/AzIlA6KxDE
Lenovo Q1 2025 [YoY]: —Revenue: +20% to $15.45B —Gross profit: +14% to $2.56B —Operating profit: +27% to $494M —Net Profit: +38% to $253M "Lenovo achieved new performance milestones in [Q1 25] capitalizing on the unprecedented opportunities brought by hybrid AI..." https://t.co/8tyXs7P8uv
Lenovo reports Q1 revenue up 20% YoY to $15.4B, vs. $14.1B est., a third consecutive quarter of revenue growth, a $243M net income, as the PC market recovers (Reuters) https://t.co/oHp2NPV4mP 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/d2dNwAX02A
Lenovo reported a significant increase in its first-quarter 2025 financial performance, with revenue rising by 20% year-over-year to $15.4 billion, surpassing the estimated $14.1 billion. The company's net profit also saw a substantial rise of 38% to USD243 million. This marks the third consecutive quarter of revenue growth for Lenovo, driven by a recovery in the PC market and increased demand for AI technology. The company's operating profit increased by 27% to $494 million, and gross profit grew by 14% to $2.56 billion. Lenovo attributed its success to the opportunities presented by hybrid AI and a gradual rebound in PC sales.
