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What You Need to Know About IBM's First Quarter [The Motley Fool]

International Business Machines Corporation (IBM) 
Last international business machines corporation earnings: 4/20 04:08 pm Check Earnings Report
US:NYSE Investor Relations: ibm.com/investor
Company Research Source: The Motley Fool
Big Blue rode currency exchange tailwinds to strong sales, though the very same effects also undermined the bottom line via higher operating expenses. The tax man also made a splashy appearance again. Anders Bylund ( TMFZahrim ) Apr 18, 2018 at 7:17PM Computing giant IBM ( NYSE:IBM ) reported first-quarter results on Tuesday. Currency exchange effects and a large bundle of tax credits led to mixed results, as Big Blue continued to restructure around its so-called strategic imperatives. Here's a closer look at IBM's results. IBM's first-quarter results: The raw numbers Metric Q1 2018 Q1 2017 Year-Over-Year Change Revenue $19.1 billion $18.2 billion 4.9% Net income $1.68 billion $1.75 billion (4%) GAAP earnings per share (diluted) $1.81 $1.85 (2.2%) Show less Read more
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