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IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
Q2 sales and earnings beat expectations. IBM's second-quarter sales crept 2% higher year over year, landing at $15.8 billion. On the bottom line, adjusted earnings rose by 11% to $2.43 per diluted ...
July 24, 2024 at 11:30 PM. Logo of jester cap with thought bubble. Image source: The Motley Fool. International Business Machines (NYSE: IBM) Q2 2024 Earnings Call. Jul 24, 2024, 5:00 p.m. ET.
Hewlett-Packard (2008–2009) Website. www .eds .com. Electronic Data Systems ( EDS) was an American multinational information technology equipment and services company headquartered in Plano, Texas, which was founded in 1962 by Ross Perot. The company was a subsidiary of General Motors from 1984 until it was spun off in 1996.
The Dow Jones Industrial Average, an American stock index composed of 30 large companies, has changed its components 58 times since its inception, on May 26, 1896. [1] As this is a historical listing, the names here are the full legal name of the corporation on that date, with abbreviations and punctuation according to the corporation's own usage.
IBM's earnings for the first half of the year grew by 5.3% ... IBM introduces the 3081 processor, the company's most powerful to date, which features Thermal ...
Transarc (Transarc Corporation bought by IBM in 1994, became part of IBM proper in 1999 as the IBM Pittsburgh Lab) [ 11] 1995. Lotus Development Corporation for $3.5 billion. Information Systems Management Canada (ISM Canada) K3 Group Ltd. Chrysler Systems Leasing (February 1995) 1996.
The research group Bespoke notes there's a strong correlation between the movement of IBM's stock immediately after its earnings and the direction of the S&P 500 for the following five weeks.