IBM’s (NYSE: IBM) second quarter earnings and revenue dropped from the prior-year quarter, but beat analysts’ estimates. The tech giant reported adjusted EPS of $2.18 on revenue of $18.1 billion for Q2 2020. IBM stock rose about 6% in the after-hours session.
Check here IBM’s Q2 2020 earnings call transcript
IBM, which canceled its fiscal 2020 outlook during the first quarter, didn’t provide any update on the guidance.
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