IBM Q2 Earnings Receive Mixed Reviews From Analysts

By | July 18, 2014

Scalper1 News

Not bad, but not great. That’s how analyst Kulbinder Garcha of Credit Suisse summed up IBM’s (IBM) Q2 earnings posted late Thursday. Investors agreed. IBM stock was down a fraction in midday trading in the stock market today, near 192, though Big Blue reported better-than-expected Q2 revenue and earnings. It was the first time in six quarters that IBM beat analyst revenue estimates, but sales still fell 2% from the year-earlier quarter, to $24.4 Scalper1 News

Scalper1 News