IBM (IBM) Tops Q1 EPS by 14c, Revenue Beats
FREE Breaking News Alerts from StreetInsider.com!
StreetInsider.com Top Tickers, 8/15/2026
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- Oil rises after US threatens indefinite blockade of Iran; set for weekly gains
- Are KOSPI and SOX in a bubble? Citi answers
- Could Intel return to the red-hot memory market after $20B raise and recent hire?
- BOJ eyeing September rate hike, faster pace of tightening, sources say
- S&P 500 ends lower as investors weigh data, Middle East tensions
- BofA's Hartnett explains why Wall Street is trading with 'no fear'
- SanDisk upgraded at JPMorgan after investor day; shares climb
- Micron: New Street upgrades to buy, says memory is no longer a cyclical story
IBM Reports 2021 First-Quarter Results
April 19, 2021 4:08 PM EDTGrowing Hybrid Cloud Platform Adoption; Return to Revenue Growth; Strong Cash Flow
Highlights
First Quarter:
GAAP EPS from continuing operations of $1.06; Operating (non-GAAP) EPS of $1.77 Revenue of $17.7 billion, up 1 percent (down 2 percent adjusting for currency)-- Cloud & Cognitive Software up 4 percent (up 1 percent adjusting for currency)
-- Systems up 4 percent (up 2 percent adjusting for currency)
-- Global Business Services up 2 percent (down 1 percent adjusting for currency) Total cloud revenue of $6.5 billion, up 21 percent (up 18 percent adjusting for divested businesses and... More
