IBM Reports 2020 Second-Quarter Results
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 6/23/2026
- 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
- Exclusive-China robot-hand-building unicorn Linkerbot targets $6 billion valuation
- Spain's ex-transport minister sentenced to 24 years for corruption
- China, US, UAE police arrest 276 telecom fraud suspects in Dubai
- Needham Starts NeoVolta (NEOV) at Buy
- Li Auto Inc. (LI) Breaks Ground on Chips R&D and Production Base
IBM (IBM) Tops Q2 EPS by 11c
July 20, 2020 4:06 PM EDTIBM (NYSE: IBM) reported Q2 EPS of $2.18, $0.11 better than the analyst estimate of $2.07. Revenue for the quarter came in at $18.1 billion versus the consensus estimate of $17.72 million.
Highlights for the second quarter include:
GAAP EPS from continuing operations of $1.52Operating (non-GAAP) EPS... More