IBM (IBM) Tops Q4 EPS by 1c, Revenue Beats

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IBM Reports 2017 Fourth-Quarter and Full-Year Results

January 18, 2018 4:06 PM EST

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

Highlights

Fourth-quarter GAAP EPS from continuing operations of $(1.14)-- Includes a one-time charge of $5.5 billion associated with the enactment of U.S. tax reform Fourth-quarter operating (non-GAAP) EPS of $5.18-- Excludes the one-time charge of $5.5 billion associated with the enactment of U.S. tax reform-- Consistent with the basis of previously-provided 2017 expectations Fourth-quarter revenue of $22.5 billion, up 4 percent (up 1 percent adjusting for currency) Full-year strategic imperatives revenue of $36.5 billion, up 11 percent;... More