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Deep in transition, IBM (IBM) showed its 14th quarter in a row of year-over-year declining revenue, as the company reported third-quarter earnings after the market close Monday. IBM reported earnings per share minus items of $3.34, down 9% from the year-ago period but beating the consensus estimate of $3.30, as polled by Thomson Reuters. It reported revenue from continuing operations of $19.3 billion, down 14%. IBM stock closed down 0.8% in the Scalper1 News
Scalper1 News