IBM Reports 2018 Third-Quarter Results
International Business Machines Corporation (IBM)
Last international business machines corporation earnings: 4/20 04:08 pm
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US:NYSE Investor Relations:
ibm.com/investor
Company Research
Source: Business Wire
ARMONK, N.Y.--(BUSINESS WIRE)-- IBM (NYSE:IBM) Best Year-to-Year Gross Margin Performance in 3 Years, Reflecting Higher Value Business Highlights GAAP EPS from continuing operations of $2.94; Operating (non-GAAP) EPS of $3.42 Revenue of $18.8 billion, down 2 percent (flat adjusting for currency) Strategic imperatives revenue of $39.5 billion over last 12 months, up 13 percent (up 11 percent adjusting for currency) Cloud revenue of $19.0 billion over last 12 months, up 20 percent (up 18 percent adjusting for currency) As-a-service annual exit run rate for cloud revenue of $11.4 billion in the quarter, up 21 percent year to year (up 24 percent adjusting for currency) Strong services gross profit margin expansion year to year Maintains full-year operating (non-GAAP) EPS and free ca
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