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Arvind Krishna, chief executive officer of International Business Machines Corporation (IBM), during a television interview in San Francisco, California, July 13, 2022.
David Paul Morris | Bloomberg | Getty Images
IBM shares slid as much as 4% in extended trading on Monday after the company trimmed its 2022 cash forecast. It still beat on the top and bottom lines.
Here’s how the company did:
- Earnings: $2.31 per share, adjusted, vs. $2.27 per share as expected by analysts, according to Refinitiv.
- Revenue: $15.54 billion, vs. $15.18 billion as expected by analysts, according to Refinitiv.
IBM’s revenue rose 9% year over year in the quarter, according to a statement. Income from continuing…
Source cnbc.com
