IBM (IBM) Tops Q2 EPS by 4c
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 10/14/2026
- Wall St tumbles as hot CPI boosts rate-hike bets; banks, AI stocks weigh
- Oil prices steady after gains on Iran's new tactics to target tankers
- U.S. consumer prices rise by 3.7% year-on-year in September
- Bank of America stock falls on earnings miss
- Netflix cuts 1,000 jobs as streaming giant seeks to boost engagement
IBM Reports 2018 Second-Quarter Results
July 18, 2018 4:03 PM EDTARMONK, N.Y.--(BUSINESS WIRE)-- IBM (NYSE: IBM)
Revenue Up 4 Percent Year to Year; Strong Profit Performance
Highlights
GAAP EPS from continuing operations of $2.61; Operating (non-GAAP) EPS of $3.08; both up 5 percent GAAP Pre-tax income up 14 percent; Operating (non-GAAP) pre-tax income up 11 percent-- Pre-tax margins expanded more than 100 basis points year to year Revenue of $20.0 billion, up 4 percent (up 2 percent adjusting for currency) Strategic imperatives revenue of $39.0 billion over last 12 months, up 15 percent (up 12 percent adjusting for... More


