International Business Machines Corp. (IBM) released a profit for its first quarter that Increases, from last year
The company's earnings totaled $1.216 billion, or $1.28 per share. This compares with $1.054 billion, or $1.12 per share, last year.
Excluding items, International Business Machines Corp. reported adjusted earnings of $1.821 billion or $1.91 per share for the period.
The company's revenue for the period rose 9.5% to $15.917 billion from $14.541 billion last year.
International Business Machines Corp. earnings at a glance (GAAP) :
-Earnings: $1.216 Bln. vs. $1.054 Bln. last year.-EPS: $1.28 vs. $1.12 last year.-Revenue: $15.917 Bln vs. $14.541 Bln last year.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.