PC maker Lenovo turned in a strong financial performance for its fourth fiscal quarter, with revenue, profits, and PC shipments all seeing notable jumps.
For the quarter that ended March 31, Lenovo said that profits attributable to shareholders grew 133 percent to $140 million from the same period a year ago. That figure includes $36 million in net profit from the sale of discontinued operations (its mobile handset business). Earnings per diluted share hit $1.44, a rise of 112 percent.
Revenue for the three-month period rose 13 percent to $3.7 billion.
China-based Lenovo said that worldwide PC shipments … Read more