IBM (IBM) Tops Q2 EPS by 15cc, Beats on Revenue; Offers FCF Outlook
IBM (NYSE: IBM) reported Q2 EPS of $2.80, $0.15 better than the analyst estimate of $2.65. Revenue for the quarter came in at $17 billion versus the consensus estimate of $16.59 billion.
"With our strong first-half performance, we are raising our full-year outlook for free cash flow, which we expect to exceed $13.5 billion."
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