IBM (IBM) Tops Q2 EPS by 11c

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IBM Reports 2020 Second-Quarter Results

July 20, 2020 4:05 PM EDT

Accelerated Cloud Revenue Growth; Gross Margin Expansion; Strong Balance Sheet and Liquidity Position

ARMONK, N.Y.--(BUSINESS WIRE)-- IBM (NYSE: IBM) today announced second-quarter 2020 earnings results.

Our clients see the value of IBMs hybrid cloud platform, based on open technologies, at a time of unprecedented business disruption," said Arvind Krishna, IBM chief executive officer. "We are committed to building, with a growing ecosystem of partners, an enduring hybrid cloud platform that will serve as a powerful catalyst for innovation for our clients and the... More