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Oracle: Competition Limits Upside (Rating Downgrade) (NYSE:ORCL)

Oracle: Competition Limits Upside (Rating Downgrade) (NYSE:ORCL)
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Larry-ellison , Statista-navisite , Cloud-ai-services , Healthcare-technology , Data-center-availability-zones , Financial-services , Number-of-cloud-services , Company-data , Enterprise-software-applications-cloud-services , Enterprise-software , Google , Oracle-other-infrastructure-cloud-services

Manthan Platform Wins the Best Tech Initiative Award at D&B Business Excellence Awards 2022 - New Delhi Times

The Manthan platform won NSEIT the Best Tech Initiative of the Year at the Dun & Bradstreet Business Excellence Awards 2022 on 29th November 2022 during an event in Mumbai. The award was presented for building the technology infrastructure to support Manthan, a platform that promotes collaboration at scale between industry and the scientific research…

Mumbai , Maharashtra , India , Sapna-poti , Anantharaman-sreenivasan , Infrastructure-cloud-services , National-stock-exchange-of-india , Office-of-principal-scientific-adviser , Office-of-the-principal-scientific-adviser , United-nation-sustainable-development-goals-sdgs , Dun-bradstreet , Tech-initiative-of-the-year

IBM Reports 2021 Third-Quarter Results

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

Arvind-krishna , James-kavanaugh , Global-technology-services , Red-hat , Global-business-services , Systems-software , Cloud-cognitive-software , Infrastructure-cloud-services , Ibm , Technology-support-services , Global-process-services , Cognitive-software

IBM Reports 2021 Third-Quarter Results

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

Arvind-krishna , Tim-davidson , Sarah-meron , James-kavanaugh , Global-technology-services , Red-hat , Global-business-services , Systems-software , Cloud-cognitive-software , Effect-of-exchange-rate , Ibm , Infrastructure-cloud-services

IBM Reports 2021 Second Quarter Results

IBM Reports 2021 Second Quarter Results
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Arvind-krishna , James-kavanaugh , Global-technology-services , Red-hat , Global-business-services , Systems-software , Cloud-cognitive-software , Ibm , Infrastructure-cloud-services , Technology-support-services , Global-process-services , Cognitive-software

IBM Reports 2021 Second-Quarter Results

IBM Reports 2021 Second-Quarter Results
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Arvind-krishna , John-bukovinsky , Sarah-meron , James-kavanaugh , Global-technology-services , Red-hat , Global-business-services , Systems-software , Cloud-cognitive-software , Effect-of-exchange-rate , Ibm , Infrastructure-cloud-services

IBM Reports 2021 First-Quarter Results


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

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UK Regulatory Announcement: IBM Reports 2020 Fourth-Quarter and Full-Year Results – Consumer Electronics Net


3 months ago
ARMONK, N.Y.–(BUSINESS WIRE)– 
IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results.
“We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment,” said Arvind Krishna, IBM chairman and chief executive officer. “The actions we are taking to focus on hybrid cloud and AI will take hold, giving us confidence we can achieve revenue growth in 2021.”
Highlights
GAAP EPS from continuing operations of $1.41; Operating (non-GAAP) EPS of $2.07
— EPS includes the impact of a pre-tax charge of more than $2.0 billion for structural actions in the fourth quarter

Arvind-krishna , James-kavanaugh , Global-technology-services , Red-hat , Global-business-services , Systems-software , Cloud-cognitive-software , Ibm , Infrastructure-cloud-services , Effect-of-exchange-rate , Technology-support-services , Global-process-services