IBM Reports Higher-Than-Expected Q1 Profit, But Revenue Of $19.6B Disappoints

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PCHF Bot
Jan 10, 2015
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pchelpforum.net
Following the cessation of regular trading this afternoon, IBM reported its first-quarter financial performance. The company reported higher-than-expected adjusted profit on a per-share basis of $2.91, but the company’s $19.59 billion in period-revenue was under street expectations of $19.64 billion. The company now has a run of 12 straight quarters of declining revenue. IBM’s… Read More


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