Huawei reports Q3 revenue up 1% YoY to ~$19.9B, revenue for Q1 to Q3 2023 up 2.4% YoY to ~$62.3B, and a 16% profit margin in Q1 to Q3, up from 15% in H1 2023 (Evelyn Cheng/CNBC)

October 27, 2023

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Evelyn Cheng / CNBC:

Huawei reports Q3 revenue up 1% YoY to ~$19.9B, revenue for Q1 to Q3 2023 up 2.4% YoY to ~$62.3B, and a 16% profit margin in Q1 to Q3, up from 15% in H1 2023 — – Chinese tech giant Huawei reported revenue figures Friday that showed only a 1% increase in the third quarter from a year ago, according to CNBC calculations.

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