Categories AlphaGraphs, Earnings, Technology

IBM Earnings: Q4 profit rises on 6.5% revenue growth, beats estimates

Tech giant IBM Corp. (NYSE: IBM) on Monday said its fourth-quarter revenues and profit increased as demand conditions improved. The results also surpassed experts’ predictions.

IBM Q4 2021 earnings infographic

An impressive performance by the main business segments had a positive effect on the top-line and the company’s revenues increased 6.5% to $16.7 billion in the fourth quarter, which was above the consensus forecast.

Consequently, fourth-quarter adjusted earnings from continuing operations moved up to $3.35 per share from $1.88 per share in the same period of fiscal 2020, and topped the estimates. Net profit was $2.33 billion or $2.57 per share, up from last year’s income of $1.36 billion or $1.51 per share.


Read management/analysts’ comments on IBM’s Q4 2021 earnings


Shares of IBM closed Monday’s trading lower but gained momentum soon after the earnings report and rose about 5% in the extended session.

Prior Performance

  • IBM Q2 2021 earnings infographic
  • IBM reports Q4 2020 earnings results

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

INTU Earnings: Intuit Q1 2025 adj. profit rises on higher revenues

Financial technology company Intuit Inc. (NASDAQ: INTU) Thursday announced results for the first quarter of 2025, reporting a modest increase in adjusted earnings. The Mountain View-headquartered company’s first-quarter revenue came

Riding the AI wave, Nvidia looks set to stay on the high-growth path

After delivering strong results for the third quarter, Nvidia Corporation (NASDAQ: NVDA) this week said the launch of its new-generation Blackwell chip is on track. The company is thriving on

Target (TGT): A look at some of the challenges faced by the retailer in 3Q24

Shares of Target Corporation (NYSE: TGT) stayed green on Thursday, recovering from the stumble it took a day ago after delivering disappointing results for the third quarter of 2024 and

Add Comment
Loading...
Cancel
Viewing Highlight
Loading...
Highlight
Close
Top