Lenovo Warns of Coronavirus Challenges, Third-Quarter Profit Beats Expectations

Lenovo said on Thursday net profit for the quarter ended December rose 11 percent to $258 million thanks to strong demand for its PCs and smart devices, beating an average $223 million estimate of seven analysts, according to Refinitiv data.

Lenovo Warns of Coronavirus Challenges, Third-Quarter Profit Beats Expectations
Lenovo said on Thursday net profit for the quarter ended December rose 11 percent to $258 million thanks to strong demand for its PCs and smart devices, beating an average $223 million estimate of seven analysts, according to Refinitiv data.