IBM (IBM) Tops Q1 EPS by 3c, Sales Miss
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Price: $168.91 -8.25%
Revenue Growth %: +1.1%
Financial Fact:
Cash dividend per common share (in dollars per share): 1.4
Today's EPS Names:
WF, CWBC, GLTO, More
Revenue Growth %: +1.1%
Financial Fact:
Cash dividend per common share (in dollars per share): 1.4
Today's EPS Names:
WF, CWBC, GLTO, More
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IBM (NYSE: IBM) reported Q1 EPS of $2.38, $0.03 better than the analyst estimate of $2.35. Revenue for the quarter came in at $18.2 billion versus the consensus estimate of $18.39 billion.
- 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 $7.8 billion in the quarter, up 12 percent (up 13 percent adjusting for currency)
- Strategic imperatives revenue of $33.6 billion over the last 12 months represents 42 percent of IBM revenue
- Cloud revenue of $14.6 billion over the last 12 months-- Cloud as-a-Service annual exit run rate of $8.6 billion in the quarter, up 59 percent year to year (up 61 percent adjusting for currency)
- Maintains full-year EPS and free cash flow expectations.
For earnings history and earnings-related data on IBM (IBM) click here.
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