Categories AlphaGraphs, Earnings, Technology

IBM earnings: Q2 profit, revenues top expectations

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

IBM Q2 2021 earnings infographic

An improvement in the performance of the main business segments had a positive effect on the top-line and the company’s revenues increased 3% to $18.75 billion in the second quarter, which was slightly above the consensus forecast.

Consequently, adjusted earnings moved up to $2.33 per share in the June quarter from $2.18 per share in the same period of fiscal 2020, and topped the estimates. Net profit was $1.32 billion or $1.47 per share, down from last year’s income of $1.36 billion or $1.52 per share.


Read management/analysts’ comments on IBM’s Q2 2021 earnings


Shares of IBM closed Monday’s trading lower but gained momentum soon after the earnings report and rose about 2% in the extended session.

Prior Performance

  • IBM reports Q4 2020 earnings results
  • IBM Q2 earnings and revenues decline

_________________________________________________________________________________________________________________

Stocks you may like:

Apple (AAPL) Stock

Microsoft (MSFT) Stock

Alphabet (GOOGL) Stock

International Business Machines Corp. (IBM) Stock

_________________________________________________________________________________________________________________

Most Popular

Key highlights from Deere & Co.’s (DE) Q4 2024 earnings results

Deere & Company (NYSE: DE) reported its fourth quarter 2024 earnings results today. Worldwide net sales and revenues decreased 28% year-over-year to $11.14 billion. Net income was $1.24 billion, or

NVDA Earnings: Nvidia Q3 profit jumps, beats estimates

NVIDIA Corporation (NASDAQ: NVDA) on Wednesday reported a sharp increase in adjusted profit and revenue for the third quarter of 2025. Earnings also topped analysts' estimates. The tech firm’s revenues

Lowe’s Companies (LOW): A few points to note about the Q3 2024 performance

Shares of Lowe’s Companies, Inc. (NYSE: LOW) rose over 1% on Wednesday. The stock has gained 8% over the past three months. The company delivered better-than-expected earnings results for the

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