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April 17, 2014 12:42 am GMT
This afternoon following the close of regular trading IBM reported its first quarter financial results, including revenue of$22.48 billion, GAAP earnings per share (EPS) of $2.29, and non-GAAP EPS of $2.54. Those figures were down, on a year-over-year basis, 4%, 15%, and 15%. Investors had expected IBM to earn $2.54 per share excluding one-time items, a figure it met, on revenue of $22.91… Read More
Original Link: http://feedproxy.google.com/~r/Techcrunch/~3/qhFNeMgSB1c/
IBM Drops 4% After Its $22.48B Q1 Revenue Fails To Meet Investor Expectations
This afternoon following the close of regular trading IBM reported its first quarter financial results, including revenue of$22.48 billion, GAAP earnings per share (EPS) of $2.29, and non-GAAP EPS of $2.54. Those figures were down, on a year-over-year basis, 4%, 15%, and 15%. Investors had expected IBM to earn $2.54 per share excluding one-time items, a figure it met, on revenue of $22.91… Read MoreOriginal Link: http://feedproxy.google.com/~r/Techcrunch/~3/qhFNeMgSB1c/
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