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VIEW EVENT INFORMATION: IBM |
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IBM’s Q1 2013 Misses On Revenue Of $23.4B, EPS Of $3.00, As Service Revenue Suffers |
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About the organization IBM: Type: Business Sub-Types: Computer, Computer Software, Computer Hardware, Website |
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Notable Organizations: IBM, Techcrunch |
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IBM announced its Q1 2013 earnings today, reporting net revenues of $23.4 billion and earnings per share of $3.00. EPS was an improvement over last year’s numbers (of 8 percent), while revenue was down 5 percent, or 3 percent adjusting for currency. Flat software revenue and down service revenue is what led to the overall shortfall in terms of analyst expectations.
Since IBM… |
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