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Lenovo reports Q1 revenue down 24% YoY to $12.9B, below $13.84B est., net income down 66% YoY to $177M, and China sales down 29% YoY, as PC demand slumps (Reuters) 17-08-2023

Reuters:
Lenovo reports Q1 revenue down 24% YoY to $12.9B, below $13.84B est., net income down 66% YoY to $177M, and China sales down 29% YoY, as PC demand slumps  —  China’s Lenovo Group (0992.HK) on Thursday posted a worse-than-expected 24% fall in revenue for the April-June quarter …


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