IBM (IBM) Grew Revenue For First Time in Nearly Six Years, But Sellers Take Control
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/24/2026
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Alphabet added to Dow Jones Industrial Average, Verizon dropped
- Chip stocks plunge, but bargain-hunters limit scale of tech rout
- FedEx falls 4% as CY2026 profit forecast misses expectations despite Q4 beat
- Oil prices finish 1% lower as investors focus on Hormuz flows after peace talks
- Needham Starts NeoVolta (NEOV) at Buy
- NextEra to discuss paying about $76 per share for Dominion, Bloomberg News reports
- Wall Street ends lower on semiconductor selloff as AI spending concerns mount
- Campbell Soup (CPB) Declares $0.39 Quarterly Dividend; 7.7% Yield
- KKR launches Helix with over $10 billion to build AI infrastructure
IBM Reports 2017 Fourth-Quarter and Full-Year Results
January 18, 2018 4:06 PM ESTARMONK, 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