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.