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Lenovo Group (OTCMKTS:LNVGY) Issues Earnings Results

Lenovo Group logo with Computer and Technology background

Lenovo Group (OTCMKTS:LNVGY - Get Free Report) posted its earnings results on Thursday. The technology company reported $0.44 EPS for the quarter, beating the consensus estimate of $0.40 by $0.04, Zacks reports. Lenovo Group had a return on equity of 25.37% and a net margin of 2.34%. The firm had revenue of $16.98 billion for the quarter, compared to analysts' expectations of $15.77 billion.

Lenovo Group Price Performance

LNVGY traded down $0.34 on Wednesday, reaching $23.79. The company had a trading volume of 45,159 shares, compared to its average volume of 112,804. The company has a current ratio of 0.86, a quick ratio of 0.58 and a debt-to-equity ratio of 0.43. The company has a market capitalization of $14.76 billion, a P/E ratio of 9.91, a PEG ratio of 0.67 and a beta of 0.78. The company has a fifty day moving average of $23.86 and a 200-day moving average of $25.69. Lenovo Group has a one year low of $17.84 and a one year high of $35.09.

About Lenovo Group

(Get Free Report)

Lenovo Group Limited, an investment holding company, develops, manufactures, and markets technology products and services. It operates through Intelligent Devices Group, Infrastructure Solutions Group, and Solutions and Services Group segments. The company offers commercial and consumer personal computers, as well as servers and workstations; and a family of mobile Internet devices, including tablets and smartphones.

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Earnings History for Lenovo Group (OTCMKTS:LNVGY)

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