IBM (IBM) Tops Q1 EPS by 3c, Sales Miss

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Go back to IBM (IBM) Tops Q1 EPS by 3c, Sales Miss

IBM Reports 2017 First-Quarter Results

April 18, 2017 4:06 PM EDT

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 $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... More