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IBM stock slides after hours as revenue comes in light
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The company reported first-quarter net income of $1.59 billion, or $1.78 a share, compared with $1.68 billion, or $1.81 a share, in the year-ago period. Adjusted earnings were $2.25 a share.
Revenue declined to $18.18 billion from $19.07 billion in the year-ago quarter.
Analysts surveyed by FactSet had forecast earnings of $2.22 a share on revenue of $18.47 billion.
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https://www.marketwatch.com/story/ibm-st...yptr=yahoo
![[Bild: IBMc1dl1658.png]](https://finviz.com/publish/041619/IBMc1dl1658.png)
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The company reported first-quarter net income of $1.59 billion, or $1.78 a share, compared with $1.68 billion, or $1.81 a share, in the year-ago period. Adjusted earnings were $2.25 a share.
Revenue declined to $18.18 billion from $19.07 billion in the year-ago quarter.
Analysts surveyed by FactSet had forecast earnings of $2.22 a share on revenue of $18.47 billion.
...
https://www.marketwatch.com/story/ibm-st...yptr=yahoo
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