This fine Tuesday, IBM reported its fourth-quarter financial performance and was greeted with raspberries from investors with period revenue of $27.7 billion and earnings per share excluding items of $6.13. Using GAAP, IBM earned $6.2 billion, or $5.73. Off nearly a percent in regular trading, IBM eased another 2.5 percent in after-hours trading. Investors had expected IBM to earn revenue of $28.25 billion and non-GAAP earnings per share of $5.99.
Ibm’s Shares Slip After Its Q4 Revenue Falls On Weak Hardware Performance
Alex Wilhelm, TechCrunch
Tue, 01/21/2014 - 7:21pm
Welcome to Wopular
Wopular is an
online newspaper rack,
giving you a summary view of the top headlines from the top news sites.
Senh Duong (Founder)
Wopular,
MWB,
RottenTomatoes
MoviesWithButter : Our Sister Site
- "Expendables 4" Starts Shooting This Fall, Says Randy Couture at the Arnold Sports Festival more
- “Expendables 4” Gets Funding Interest from “Ip Man 3” Financier more
- "Ip Man 3" Distributor Suspected of Box Office Fraud, Parent Company Loses $200M in Market Cap more
- Yen Targets "Ip Man 4" for 2018 Release; Discusses Film with Director, Producer more
- "Ip Man 3" Shatters Expectations with $72M Opening [China Box Office] more