PC Maker Lenovo Returns To Third-Quarter Profit, Beats Estimates

www.oann.com | 5/21/2015 | Staff
entengo (Posted by) Level 3
HONG KONG (Reuters) – Lenovo Group Ltd said on Thursday it swung back to a net profit in the December quarter, beating market expectations, due to a strong performance across its major business groups.

Profit for the quarter was $233 million, versus a loss of $289 million in the same period a year earlier when the world’s largest personal computer (PC) maker by shipments took a one-off hit following U.S. tax reform.

Result - Average

The result was ahead of the $207 million average...
(Excerpt) Read more at: www.oann.com
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