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VIEW EVENT INFORMATION: IBM |
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IBM’s Shares Slip After Its Q4 Revenue Falls On Weak Hardware Performance |
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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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This fine Tuesday, IBM reported its fourth-quarter financial performance and was greeted with raspberries from investors with period revenue of $27.7 billion and earnings per share excluding items of $6.13. Using GAAP, IBM earned $6.2 billion, or $5.73.
Off nearly a percent in regular trading, IBM eased another 2.5 percent in after-hours trading. Investors had expected IBM to earn revenue… |
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