Categories AlphaGraphs, Earnings, Technology
Earnings: International Business Machines (IBM) Q4 2022 adj. profit rises
International Business Machines Corporation (NYSE: IBM) said its fourth-quarter 2022 revenues remained unchanged year-over-year. Meanwhile, the tech giant’s adjusted earnings increased.
Total revenues came in at $16.69 billion, unchanged from the prior-year period. Fourth-quarter adjusted earnings from continuing operations moved up to $3.60 per share from $3.35 per share in the year-ago period. On an unadjusted basis, the net profit was $2.71 billion or $2.96 per share, compared to $2.33 billion or $2.57 per share last year.
Check this space to read management/analysts’ comments on IBM’s Q4 2022 earnings
“Our solid fourth-quarter performance capped a year in which we grew revenue above our mid-single digit model. Clients in all geographies increasingly embraced our hybrid cloud and AI solutions as technology remains a differentiating force in today’s business environment,” said IBM’s CEO Arvind Krishna.
Prior Performance
_________________________________________________________________________________________________________________
Stocks you may like:
International Business Machines Corp. (IBM) Stock
_________________________________________________________________________________________________________________
Most Popular
Earnings Preview: What to look for when Netflix (NFLX) reports Q4 2025 results
Netflix, Inc. (NASDAQ: NFLX) is expected to report Q4 results on January 20, amid expectations for strong revenue and earnings growth. The company is navigating a shifting streaming landscape where
What to look for when United Airlines (UAL) reports its Q4 2025 earnings results
Shares of United Airlines (NASDAQ: UAL) stayed red on Thursday. The stock has gained 15% over the past three months. The airline is scheduled to report its earnings results for
Infographic: How Constellation Brands (STZ) performed in Q3 2026
Constellation Brands, Inc. (NYSE: STZ) reported net sales of $2.22 billion for the third quarter of 2026, down 10% year-over-year. Organic net sales were down 2%. Net income attributable to
