IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus

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Go back to IBM (IBM) Tops Q4 EPS by 13c, FY17 EPS Guidance Beats Consensus

IBM Reports 2016 Fourth-Quarter and Full-Year Results

January 19, 2017 4:08 PM EST

ARMONK, N.Y.--(BUSINESS WIRE)-- IBM (NYSE: IBM)

Continued Strong Growth in Strategic Imperatives Led by IBM Cloud

Highlights

Diluted EPS from continuing operations: GAAP of $4.73; Operating (non-GAAP) of $5.01 Revenue from continuing operations of $21.8 billion Strategic imperatives revenue for full-year 2016 of $32.8 billion up 13 percent (up 14 percent adjusting for currency) represents 41 percent of IBM revenue Cloud revenue of $13.7 billion for full-year 2016, up 35 percent-- Cloud as-a-service annual exit run rate of $8.6 billion at year... More