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July 18, 2016 08:19 pm GMT

IBM beats the street in Q2 with sales of $20.24B, EPS of $2.95, cloud revenues up 30%

shutterstock ibm  IT giant IBM has just postedits second quarterearnings, with revenues coming inat $20.24billionandnon-GAAP earnings per share at$2.95. The figuresbeatanalysts’ estimatesof $20.03 billion in revenue and non-GAAP EPS of $2.89 per share. However, non-GAAP net income is $2.8 billion, down 25% from a year ago (GAAP net income was $2.5 billion, now 29%).And… Read More

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