IBM Hits New 5 Year Lows After Revenue Drops For 15 Consecutive Quarters, EPS "Beats" On Lower Tax Rate
January 19, 2016 at 17:00 PM EST
The wait for news was over moments ago when IBM released Q4 operating EPS, which at $4.84 beat sharply lowered expectations of a $4.81, and a 17% drop from a year ago. GAAP EPS was $4.59.