IBM (IBM) Tops Q4 EPS by 3c, FY19 EPS Guidance Beats Consensus

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Go back to IBM (IBM) Tops Q4 EPS by 3c, FY19 EPS Guidance Beats Consensus

IBM Reports 2018 Fourth-Quarter and Full-Year Results

January 22, 2019 4:07 PM EST

Margin Expansion Year to Year in Fourth Quarter; Return to Full-Year Revenue Growth

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

Highlights

Fourth Quarter:

GAAP EPS from continuing operations of $2.15

-- Includes charge of $1.9 billion related to the U.S. Tax Cuts and Jobs Act of 2017 Operating (non-GAAP) EPS of $4.87 Revenue of $21.8 billion, down 3 percent (down 1 percent adjusting for currency)

-- Global Business Services and Cognitive Solutions revenue... More