IBM Reports Higher Than Expected Q1 Profit, But Revenue Of $19.6B Dissapoints

 Following the cessation of regular trading this afternoon, IBM reported its first quarter financial performance. The company reported higher than expected adjusted profit, on a per-share basis of $2.91, but the company’s $19.59 billion in period-revenue was under street expectations of $19.64 billion. The company now has a run of 12 straight quarters of declining revenue. The… Read More