IBM Earnings Continue To Reflect Transition Challenge

By | April 20, 2015

Scalper1 News

IBM’s financials continue to show a company deep in transition, with first-quarter earnings beating expectations and revenue falling but meeting views. Big Blue also maintained its outlook for 2015. IBM (IBM) late Monday reported earnings per share minus items of $2.91, up 8.6% from the year-earlier period and well above the analyst consensus estimate of $2.80 as profit margins improved and expenses fell. The news reversed two straight quarters of Scalper1 News

Scalper1 News