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IBM (IBM) Q4 2020 Earnings: Key financials and quarterly highlights

IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today. Revenue fell 6% year-over-year to $20.4 billion. GAAP net income fell over 60% to $1.3 billion, or $1.51 per share, compared to last year. Adjusted EPS dropped 56% to $2.07. The company expects to grow revenue for full-year 2021 based on the current foreign […]

January 21, 2021 1 min read

IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today. Revenue fell 6% year-over-year to $20.4 billion. GAAP net income fell over 60% to $1.3 billion, or $1.51 per share, compared to last year. Adjusted EPS dropped 56% to $2.07. The company expects to grow revenue for full-year 2021 based on the current foreign […]

IBM (NYSE: IBM) reported its fourth quarter 2020 earnings results today.

Revenue fell 6% year-over-year to $20.4 billion.

GAAP net income fell over 60% to $1.3 billion, or $1.51 per share, compared to last year. Adjusted EPS dropped 56% to $2.07.

The company expects to grow revenue for full-year 2021 based on the current foreign exchange rates.

Prior performance

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