ARMONK, N.Y., October 20, 2021 - IBM (NYSE: IBM) today announced third-quarter 2021 earnings results. Highlights Revenue of $17.6 billion, up 0.3 percent
Revenue Performance Led by Consulting and Software; Solid Cash Generation Highlights Third Quarter: Revenue of $17.6 billion, up 0.3 percent (down 0.2 percent adjusting for divested businesses
IBM Reports 2021 Second Quarter Results hpcwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from hpcwire.com Daily Mail and Mail on Sunday newspapers.
IBM Reports 2021 Second-Quarter Results finanznachrichten.de - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from finanznachrichten.de Daily Mail and Mail on Sunday newspapers.
IBM Reports 2021 First-Quarter Results
Highlights
Revenue of $17.7 billion, up 1 percent (down 2 percent adjusting for currency) Cloud Cognitive Software up 4 percent (up 1 percent adjusting for currency) Systems up 4 percent (up 2 percent adjusting for currency) Global Business Services up 2 percent (down 1 percent adjusting for currency)
Total cloud revenue of $6.5 billion, up 21 percent (up 18 percent adjusting for divested businesses and currency) Cloud revenue of $26.3 billion over last 12 months, up 19 percent (up 18 percent adjusting for divested businesses and currency)
Red Hat revenue up 17 percent (up 15 percent adjusting for currency), normalized for historical comparability
GAAP gross profit margin of 46.3 percent, up 120 basis points; Operating (non-GAAP) gross profit margin of 47.3 percent, up 110 basis points