IBM (IBM) Tops Q2 EPS by 23c, Reaffirms Forecast

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Go back to IBM (IBM) Tops Q2 EPS by 23c, Reaffirms Forecast

IBM Reports 2017 Second-Quarter Results

July 18, 2017 4:06 PM EDT

ARMONK, N.Y.--(BUSINESS WIRE)--

IBM (NYSE: IBM)

Continued Growth in Strategic Imperatives Led by IBM Cloud

Highlights

Diluted EPS from continuing operations: GAAP of $2.48; Operating (non-GAAP) of $2.97 Revenue from continuing operations of $19.3 billion Strategic imperatives revenue of $34.1 billion over the trailing 12 months, up 11 percent (up 12 percent adjusting for currency); represents 43 percent of IBM revenue-- First half revenue up 8 percent (up 10 percent adjusting for currency)-- Second quarter revenue up 5 percent (up 7 percent adjusting for... More