IBM (IBM) reported Q3 FY 2020 earnings of $2.58 per share (versus $2.68 per share in Q3 FY 2019), in line with analysts’ consensus estimate of $2.58 per share.
The company’s quarterly revenues amounted to $17.560 bln (-2.6% y/y), roughly in line with analysts’ consensus estimate of $17.557 bln.
IBM fell to $121.94 (-2.85%) in pre-market trading.