IBM beats Wall Street expectations on earnings, marking the third straight quarter of growth after years of decline
Jul 19, 2018, 01:37 IST
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IBM reported its Q2 2018 earnings on Wednesday. Here's what the company reported:
- Revenues (GAAP) for the quarter were $20 billion. Analysts expected $19.88 billion.
- Earnings per share for the quarter (adjusted) were $3.08. Analysts expected $3.04.
It's the third straight quarter of growth after years of decline.
Analysts expect revenue (GAAP) for Q3 to hit $19.29 billion, and earnings per share (adjusted) for Q3 of $3.42.