Company News: IBM (IBM) quarterly results beat analysts’ estimates

Market news

20 July 2021

Company News: IBM (IBM) quarterly results beat analysts’ estimates

IBM (IBM) reported Q2 FY 2021 earnings of $2.33 per share (versus $2.18 per share in Q2 FY 2020), beating analysts’ consensus estimate of $2.29 per share.

The company’s quarterly revenues amounted to $18.745 bln (+3.4% y/y), beating analysts’ consensus estimate of $18.299 bln.

IBM rose to $143.14 (+3.78%) in pre-market trading.

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