The first half of @Lenovo 's 2018 fiscal year has been turbulent, and the market will get a look at just how choppy the waters have been Thursday when the Beijing, China-based firm reports its second quarter results. Lenovo is looking to bounce back from a first quarter in which it swung to its first quarterly loss in nearly two years. The company in recent months has faced challenges in key markets, as well as significant leadership change. The company, which does nearly all of its business through the channel, also made changes in October to its channel program that were met with skepticism by partners and announced that it would lay off about 2 percent of its workforce. Lenovo spent the better part of the last four years atop the global PC market, but saw that lead evaporate earlier this year. The company also launched a rebranded data center product lineup earlier this year, but saw worldwide server shipments decline significantly. The company, which is traded on the Hong Kong stock exchange, is scheduled to report its second quarter results Thursday. Here are five things to keep an eye on.
http://www.crn.com/slide-shows/storage/300094801/5-things-to-look-out-for-in-lenovos-q2-results.htm
No comments:
Post a Comment