flat revenue growth

Total revenue during the period was 1696 billion up 02 from the same quarter a year ago though it was in line with an average Refinitiv estimate of 1687 billion drawn from seven analysts. As has been the case year to date a slower performance in PlanetArt has offset growth in Avanquest and myDevices to result in a relatively flat revenue for the full year.

Business Chart On Hand Income Salary Rate Increase Graphic Growth Margin Revenue Finance Performance Of Return On Investment Roi Concept With Arrow Element Flat Style Design Vector Illustration Financial Money Budget Png

For the quarter net income attributable to shareholders rose 11 to 516 million.

. The company is due to report its second quarter results on August 17. Net income attributable to. Revenue stood at 20556 billion yuan 3043 billion in the quarter to end June a 0 year-on-year change but beating analyst expectations.

Shares of the Chinese tech and e-commerce giant jumped. Lenovo reports flat revenue growth slowest in eight quarters 1 Min s Read By CNBCTV18COM Aug 10 2022 1021 AM IST Published Mini Total revenue was virtually flat at 1696 billion for the quarter to end-June slightly above an average Refinitiv estimate of 1687 billion drawn from seven analysts. Total revenue was virtually flat at 1696 billion for the quarter to end-June slightly above an average Refinitiv estimate of 1687 billion drawn from seven analysts.

The control on expenses also impacted the cash inflow for the company. Meanwhile Alibaba is also facing challenges on another front. Revenue was 251 million up slightly year-over-year from 250 million with a strong US.

Yang Yuanqing Lenovos chairman and chief executive said the company is. Alibaba shares rise after earnings beat and revenue showing flat growth for the first time Alibaba reported fiscal first-quarter earnings on Thursday that beat expectations sending its stock. Total revenue was virtually flat at 1696 billion for the quarter to end-June slightly above an average Refinitiv estimate of 1687.

Tencent Holdings also reported flat revenue growth for the first quarter with profits dropping by more than half from a year earlier. Total revenue was virtually flat at 1696 billion for the quarter to end-June slightly above an average Refinitiv estimate of 1687 billion drawn from seven analysts. HONG KONG Reuters Chinas Lenovo Group 0992HK the worlds biggest maker of personal computers reported flat quarterly revenue growth narrowly beating market estimates marking its slowest growth in eight quarters.

Revenue stood at 20556 billion yuan 3043 billion in the quarter to end June a 0 year-on-year change but beating analyst expectations. We have reduced our FY22 EBITDA forecast to reflect the revenue restatement and higher costs in PlanetArt. Customer management revenue which tracks how much money.

Net income attributable to. CNN Business Alibaba just posted flat revenue growth for the first time since becoming a public company but investors dont seem to mind. The group reported revenue growth of 4 for Q422 and 1 for FY22.

Customer management revenue which tracks how much money. Lenovo Group the worlds biggest maker of personal computers reported flat revenue for the April-June quarter when many Chinese cities were hit by COVID-19 lockdowns marking its most subdued. Advertisement Scroll to continue Lenovos total revenue during the April-June quarter was 1696 billion up 02 from the same quarter a year ago though it was in line with an average Refinitiv.

While Exotels revenue remained flat with 1 growth the company managed to control its expenses by 91 leading to profits of the startup spiking 12X to Rs 1043 crore in FY21 where the figures stood at Rs 87 lakhs in FY20. By Josh Ye HONG KONG Reuters Chinas Lenovo Group 0992HK the worlds biggest maker of personal computers reported flat quarterly revenue growth narrowly beating market estimates marking its slowest growth in eight quarters. Total revenue during the period was 1696 billion up 02 from the same quarter a year ago though it was in line with an average Refinitiv estimate of 1687 billion drawn from seven analysts.

Dollar unfavorably impacting Q2 revenue by approximately 8 million year-over-year. Total revenue was virtually flat at 1696 billion for the quarter to end-June slightly above an average Refinitiv estimate of 1687 billion drawn from seven analysts.

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