Homepage Rankings and Research Companies Channelcast Marketing Matters CRNtv Events WOTC Cisco Partner Summit Digital 2020 NetApp Digital Newsroom HPE Zone The Business Continuity Center Enterprise Tech Provider Masergy Zenith Partner Program Newsroom HP Reinvent Digital Newsroom Hitachi Vantara Digital Newsroom IBM Newsroom Juniper Newsroom Intel Partner Connect 2021 Avaya Newsroom Experiences That Matter The IoT Integrator Intel Tech Provider Zone NetApp Data Fabric WatchGuard Digital Newsroom

5 Things To Know From Lenovo's 'Solid' Q2 Results

Lenovo reported strong growth in its data center and PC businesses during the quarter, reversing course from its weak first quarter.

Back 1   2   3   ... 6 Next


Quarterly Revenue Surpassed Expectations

Lenovo reported that its fiscal 2018 second-quarter revenue reached $11.8 billion, an increase of 5 percent compared with the same period a year earlier. That was well above a consensus of analyst estimates, which had pegged the figure at $11.3 billion.

The results were also substantially better than Lenovo's first-quarter revenue—an 18-percent jump over the first-quarter sales of $10 billion. Revenue had been flat year over year during the first quarter, as well.

Lenovo pointed to growth in all three of its core businesses—data center, PC/smart devices and mobile—in announcing the quarterly results.

Back 1   2   3   ... 6 Next

sponsored resources