AP Photo/Manu Fernandez
IBM CEO Ginni Rometty
IBM announced its first quarter earnings on Tuesday.
Here's what the company reported:
- Revenues for the quarter (GAAP) were $19.07 billion, up 5% from the year before, though up 0% when adjusted for currency changes. This is compared to analyst expectations of $18.82 billion.
- Q1 EPS (non-GAAP) were $2.45, up 4% from the year before. This is compared to analyst expectations of $2.41.
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