IBM (IBM) Tops Q3 EPS by 2c, Affirms Guidance

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Go back to IBM (IBM) Tops Q3 EPS by 2c, Affirms Guidance

IBM Reports 2017 Third-Quarter Results

October 17, 2017 4:11 PM EDT

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

Highlights

Diluted EPS from continuing operations: GAAP of $2.92; Operating (non-GAAP) of $3.30 Revenue of $19.2 billion Strategic imperatives revenue of $34.9 billion over the trailing 12 months, up 10 percent; represents 45 percent of IBM revenue-- Third-quarter revenue up 11 percent (up 10 percent adjusting for currency) Cloud revenue of $15.8 billion over the trailing 12 months, up 25 percent year to year (up 26 percent adjusting for currency)-- As-a-service annual exit run rate of $9.4 billion in the quarter, up... More