IBM Slips After Reporting Better-Than-Expected Revenue Of $24.36B, Non-GAAP EPS Of $4.32
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IBM managed to best market expectations in the second quarter, but its shares have traded down since it released the details of its second quarter’s financial results, which included revenue of $24.36 billion, and non-GAAP earnings per share of $4.32. On a GAAP basis, IBM earned $4.12 per share.
Analysts had IBM to report non-GAAP earnings per share of $4.29, on revenue of $24.13 billion. Read More