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International Business Machines Corp. Profit Advances In Q4

By RTTNews Staff Writer   ✉  | Published:  | Google News Follow Us  | Join Us

International Business Machines Corp. (IBM) announced earnings for its fourth quarter that Increases, from last year

The company's bottom line totaled $5,600 billion, or $5.98 per share. This compares with $2,915 billion, or $3.15 per share, last year.

Excluding items, International Business Machines Corp. reported adjusted earnings of $4,307 billion or $4.52 per share for the period.

The company's revenue for the period rose 12.2% to $19.686 billion from $17.553 billion last year.

International Business Machines Corp. earnings at a glance (GAAP) :

-Earnings: $5,600 Bln. vs. $2,915 Bln. last year.
-EPS: $5.98 vs. $3.15 last year.
-Revenue: $19.686 Bln vs. $17.553 Bln last year.

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