Displaying items by tag: Second quarter results

Chinese tech giant Lenovo Group has delivered its 10th straight quarter of improved profitability year-on-year, with all main businesses contributing positive operating profit, the company’s second quarter results reveal.

Clinching 99 commercial 5G agreements or contracts with unique operators appears to have done little for the bottom line of Swedish telecommunications equipment vendor Ericsson in the second quarter of 2020, with the company just about managing to match its revenue in the corresponding quarter of 2019.

Swiss provider of personal computer and mobile accessories Logitech International has announced second-quarter sales of US$364 million, an increase of 12% compared to the corresponding quarter in the previous financial year.

Second-quarter profits have been affected at Google and its parent company Alphabet, with the hefty European Union fine levied on the search giant and traffic acquisition costs being two factors responsible.