Lenovo Shares Jump as AI Revenue and Record Quarterly Sales Drive Best Year Yet
Lenovo surged almost 20% after reporting its strongest fiscal year to date, led by an all-time quarterly revenue high of $21.6 billion and a doubling of adjusted Q4 net income to $559 million. AI-related revenue accelerated 84% year-on-year in Q4 and made up 38% of group sales, while full-year revenue hit $83.1 billion and adjusted net income climb…