IBM beats Wall Street expectations on earnings, marking the third straight quarter of growth after years of decline

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IBM beats Wall Street expectations on earnings, marking the third straight quarter of growth after years of decline

IBM Ginni Rometty

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IBM CEO Ginni Rometty

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IBM reported its Q2 2018 earnings on Wednesday. Here's what the company reported:

  • Revenues (GAAP) for the quarter were $20 billion. Analysts expected $19.88 billion.
  • Earnings per share for the quarter (adjusted) were $3.08. Analysts expected $3.04.

It's the third straight quarter of growth after years of decline.

Analysts expect revenue (GAAP) for Q3 to hit $19.29 billion, and earnings per share (adjusted) for Q3 of $3.42.

Get the latest IBM stock price here.

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