Lenovo Group (HKSE: 992) (ADR: LNVGY) today announced results for its second fiscal quarter ended September 30, 2016. Revenue was US$11.2 billion, an eight percent decrease year-over-year, yet a 12 percent increase over the first fiscal quarter ended June 30, 2016. Pre-tax income for the second quarter was US$168 million, a significant turnaround from last year’s second quarter loss of US$842 million. Similarly, net income turned around from a loss of US$714 million in the second quarter last year, to US$157 million this year.
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