International Business Machines Corp.

NYSE:IBM   12:17:01 PM EDT
142.14
+0.37 (+0.26%)
Other Pre-Announcement

IBM Says Qtrly Operating Non-GAAP EPS $2.33

Published: 07/19/2021 20:17 GMT
International Business Machines Corp. (IBM) - Ibm – Qtrly Revenue of $18.75 Billion, Up 3%.
Ibm – Qtrly Cloud & Cognitive Software Revenues of $6.1 Billion, Up 6.1%.
Ibm – Qtrly GAAP Earnings per Share From Continuing Operations $1.47; Qtrly Operating Non-GAAP Earnings per Share $2.33.
Ibm – Expects to Grow Revenue for FY 2021 Based on Mid-july 2021 Foreign Exchange Rates.
Ibm – Continues to Expect Adjusted Free Cash Flow of $11 Billion to $12 Billion in 2021.
Ibm – 2021 Adjusted Free Cash Flow Expectations Exclude About $3 Billion of Cash Impacts From Co’s Structural Actions Initiated in Q4 2020.
Ibm – Qtrly GAAP Gross Profit Margin of 48.0%, Flat; Operating (non-GAAP) Gross Profit Margin of 49.3%, Up 30 Basis Points.
Q2 Earnings per Share View $2.29, Revenue View $18.29 Billion -- Refinitiv Ibes Data (analyst estimates).
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