IBM Drops 4% After Reporting Lackluster Q2 Revenue Of $20.8B

Today following the end of regular trading, IBM reported its second quarter financial performance, including revenue of $20.8 billion and adjusted earnings per share of $3.84. Using normal accounting methods, IBM had a slimmer $3.58 per-share profit. The street had expected the enterprise firm to generate $3.78 of adjusted per-share profit on revenue of $20.95 billion of revenue. According… Read More...