Lenovo Q2 Earnings: Cloud Momentum, AI PCs, And Smartphone Growth Drive Revenue Beat [Yahoo! Finance]
LENOVO GROUP LTD S/ADR (LNVGY)
NASDAQ:AMEX Investor Relations:
www3.lenovo.com/us/en/lenovo/investor_relations
Company Research
Source: Yahoo! Finance
The Solutions and Services Group (SSG) posted revenue growth of 13% Y/Y to $2.17 billion, with an operating margin of 20.4%, up by 40 bps Y/Y. The segment accounted for 32% of the total operating profit of the three business groups. Managed services and Project & Solution Services revenue experienced double-digit growth, attributed to a solid contract backlog. Also Read: Disney Q4 Earnings: Revenue And Profit Beat, Best Film Studio Performance, 3-Year Outlook And More The Infrastructure Solutions Group (ISG) revenue grew 65% Y/Y to $3.31 billion, driven by solid cloud momentum and strengthening enterprise business. High double-digit revenue growth for Storage came from aggressive cloud investment. Both the smartphone and tablet businesses delivered high double-digit revenue growth. The segment operating margin loss improved to (1.1)% versus (2.7)% Y/Y. Intelligent Devices Group (IDG) increased 17% to $13.51 billion, driven by substantial market share gain in PC and smartphones
Show less
Read more
Impact Snapshot
Event Time:
LNVGY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
LNVGY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
LNVGY alerts
High impacting LENOVO GROUP LTD S/ADR news events
Weekly update
A roundup of the hottest topics
LNVGY
News
- Lenovo Launches ThinkShield Firmware Assurance for Deep Protection Above and Below the Operating System [Yahoo! Finance]Yahoo! Finance
- Lenovo Launches ThinkShield Firmware Assurance for Deep Protection Above and Below the Operating SystemBusiness Wire
- Cyber Monday Sale Begins Early at Lenovo.com with Hourly Doorbusters and Select Products Up to 69% Off [Yahoo! Finance]Yahoo! Finance
- Cyber Monday Sale Begins Early at Lenovo.com with Hourly Doorbusters and Select Products Up to 69% OffBusiness Wire
- Cyber Monday Sale Begins Early at Lenovo.com with Hourly Doorbusters and Select Products Up to 68% OffBusiness Wire