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IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
The company's overall third-quarter revenue grew just 1% from the prior year, dragged lower by ongoing weakness in the company's legacy infrastructure segment. Adjusted earnings per share (EPS ...
On Monday, IBM reported third-quarter revenue and EPS that were in-line with Wall Street estimates, with $17.6 billion in revenue and $2.58 in EPS. Emily McCormick breaks down the company's ...
IBM held a conference named World of Watson, centered around its AI products and Watson, a QA computer AI system in Las Vegas, on October 29 – November 2. [2] IBM delivered several speeches related to Watson's capabilities and its possible integration to health and business sectors, which were criticized 2 years later by IEEE Spectrum to be exaggerated.
However, earnings during the quarter beat consensus estimates. The company reported revenues of $17.6 billion, missing analysts’ expectations of $17.77 billion. Adjusted earnings of $2.52 per ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
IBM earnings call for the period ending June 30, 2024. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium ...
IBM's first quarter shed light on the mixed economic backdrop in the US as higher interest rates take hold. Big Blue's first quarter sales rose 1% from the prior year to $14.5 billion, falling ...