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<Results> IBM (IBM.US) 1Q Net Profit Up 15% YoY to USD1.22B; Beats; Shares Down 6% After Hours
Recommend 3 Positive 2 Negative 2 |
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IBM (IBM.US) reported that net profit for 1Q26 rose 15% YoY to USD1.22 billion. Adjusted EPS was USD1.91, above market expectations of USD1.81. The company maintained its full-year guidance, while its shares fell more than 6% in after-hours trading. During the quarter, total revenue increased 9% to USD15.92 billion, beating expectations of USD15.62 billion. Among segments, software revenue rose 11% to USD7.05 billion, slightly above the expected USD7.02 billion; consulting revenue grew 4% to USD5.27 billion, slightly below the expected USD5.28 billion. The company reiterated its full-year outlook, including revenue growth of more than 5% at constant currency and an increase of USD1 billion in free cash flow. (sw/m) This article was automatically translated by AI, the Chinese version should be considered the authoritative version. AASTOCKS.com Limited does not guarantee its accuracy or completeness and accepts no liability for any damages or losses arising from the use of this translation. Auto-translated by AI AASTOCKS Financial News |
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