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IBM Reports 2015 Second-Quarter Results

July 20, 2015 4:03 PM UTC

ARMONK, N.Y.--(BUSINESS WIRE)-- IBM (NYSE: IBM)

Second-Quarter 2015:

Diluted EPS from continuing operations: Operating (non-GAAP): $3.84, down 13 percent; GAAP: $3.58, down 15 percent year-to-year; Net income from continuing operations: Operating (non-GAAP): $3.8 billion, down 15 percent; GAAP: $3.5 billion, down 17 percent; Gross profit margin from continuing operations: Operating (non-GAAP): 50.9 percent, up 20 basis points; GAAP: 49.9 percent, down 20 basis points;... More