Categories AlphaGraphs, Earnings, Technology
IBM Earnings: All you need to know about IBM’s Q3 2021 earnings results
International Business Machines Corporation (NYSE: IBM) reported third quarter 2021 earnings results today.
Total revenue was $17.6 billion, up 0.3% from the same period a year ago. Red Hat revenue rose 17%.
GAAP net income from continuing operations declined 33% year-over-year to $1.1 billion, or $1.25 per share. Adjusted EPS fell 2% to $2.52.
Earnings beat expectations but revenue fell short of estimates.
During the quarter, the company returned $1.5 billion to shareholders in the form of dividends.
Prior performance
Looking for more insights on the earnings results? Click here to access the full transcripts of the latest earnings conference calls!
Most Popular
Here’s a look at Dollar Tree’s (DLTR) expectations for the remainder of the year
Shares of Dollar Tree Inc. (NASDAQ: DLTR) were down over 1% on Wednesday, a day after the company reported earnings results for the third quarter of 2022. Revenue and earnings
Target Corporation (TGT): A look at how the retail giant is shaping up against an inflationary backdrop
Shares of Target Corporation (NYSE: TGT) were up over 1% on Wednesday. The stock has dropped 30% year-to-date and 35% over the past 12 months. Last week the company reported
Is Zoom Video Communications (ZM) a good investment after Q3 earnings?
Zoom Video Communications (NASDAQ: ZM) expanded its customer base at an accelerated pace during the COVID crisis and soon became the preferred video conferencing platform for businesses and millions of
