IBM (IBM) Tops Q2 EPS by 4c
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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