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
NFLX Earnings: Netflix Q1 2025 revenue and profit beat estimates
Netflix, Inc. (NASDAQ: NFLX) on Thursday reported stronger-than-expected revenue and earnings for the first quarter of 2025, as its subscriber base continued to expand. Both revenue and the bottom line
Another tough quarter in the cards as Intel prepares for Q1 2025 earnings
Intel Corporation (NASDAQ: INTC) has been facing intense competition from rivals Nvidia in AI chips and AMD in CPUs, lately. The Semiconductor giant issued weak guidance after reporting lower revenues
What to expect when American Airlines (AAL) reports Q1 2025 earnings results
Shares of American Airlines Group (NASDAQ: AAL) stayed red on Thursday. The stock has dropped 48% over the past three months. The airline is slated to report its earnings results
