"Our first quarter results demonstrate that clients continue turning to IBM for our unique combination of an open hybrid cloud platform, enterprise-focused AI, and business expertise to unlock productivity and drive efficiency in their operations," saidArvind Krishna, IBM chairman and chief executive ...
IBM will hold its quarterly conference call to discuss its first-quarter 2023 financial results on Wednesday, April 19, 2023 at 5:00 p.m ET.
IBM REPORTS 2017 FIRST-QUARTER RESULTS Continued Strong Growth in Strategic Imperatives Led by IBM Cloud Highlights • Diluted EPS from continuing operations: GAAP of $1.85; Operating (non-GAAP) of $2.38 • Revenue from continuing operations of $18.2 billion • Strategic imperatives revenue of...
IBM REPORTS 2015 FIRST-QUARTER RESULTS o Diluted EPS from continuing operations: - Operating (non-GAAP): $2.91, up 9 percent; - GAAP: $2.44, flat year-to-year; o Net income from continuing operations: - Operating (non-GAAP): $2.9 billion, up 4 percent; - GAAP: $2.4 billion, down ...
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The first quarter’s results followed a well-established pattern at IBM , which has used cost cuts and measures such as stock buybacks to squeeze out earnings gains that have exceeded revenue increases. Last year, profits jumped 20% to $9.5 billion despite virtually flat revenue, and investors...
Thank you for joining us. In the first quarter, we had solid performance across revenue and cash flow. These results are further proof of the quality of our portfolio and our hybrid cloud and AI strategy. We had good performance in software, at the high end of our model; continued strengt...
IBM's first quarter results were a mixed bag and the company noted that clients toward the end of the quarter paused spending and went into cash preservation mode in the pandemic. Red Hat performed well though. In other words, IBM's results could have been much worse. Krishna noted that ...
CEO and chairman Arvind Krishna said: “Our first quarter results demonstrate that clients continue turning to IBM for our unique combination of an open hybrid cloud platform, enterprise-focused AI, and business expertise to unlock productivity and drive efficiency in their operations. This gives us...
IBMshares rose 3% in extended trading on Tuesday after the technology services company issued first-quarter results that beat expectations. Here's how the company did: Earnings:$1.40 per share, adjusted, vs. $1.38 per share as expected by analysts, according to Refinitiv. ...