News

IBM Set to Report Second-Quarter Results

1 Mins read

International Business Machines (IBM) is scheduled to release its second-quarter results on Wednesday after the market closes. Here are the key details you need to know:

Revenue Projection

According to FactSet, IBM is expected to report $15.58 billion in revenue for the second quarter, a slight increase from the $15.54 billion reported in the same period last year.

Adjusted Earnings

Analysts predict that IBM will post adjusted earnings of $2.01 per share, down from $2.31 per share in the year-ago period.

Net Income

FactSet forecasts IBM’s net income to be $1.26 billion for the second quarter, compared to $1.39 billion in the prior-year period.

What to Watch For

  • Deal Details: Investors should watch for additional information from IBM regarding its planned acquisition of Apptio for $4.6 billion. In June, IBM confirmed its definitive agreement with Vista Equity Partners for the acquisition, as reported by The Wall Street Journal.

  • AI Focus: Artificial intelligence remains a focal point for IBM, and shareholders will be interested in learning more about the company’s strategy and new opportunities for expansion in this field.

  • Other Changes: Analysts will be looking for any signs of how IBM performed in certain areas, such as whether demand continued to slow in its consulting segment. In the last quarter, CEO Arvind Krishna acknowledged this trend but noted that clients were still prioritizing digital transformation projects.

Related posts
News

Risk mitigation

4 Mins read
Asian economies should cooperate to jointly lower their overreliance on dollar-denominated assets The economic and trade policies implemented by the current administration…
News

Cloud mining revolutionizes the way to increase the value of crypto assets: Ripplecoin Mining allows XRP, BTC, and Solana holders to achieve daily income | Business Upturn

3 Mins read
Weston, Massachusetts, July 16, 2025 (GLOBE NEWSWIRE) — As the cryptocurrency market continues to fluctuate, more and more investors are looking for…
News

Republicans declared it 'crypto' week in the House. It's not going as planned

1 Mins read
WASHINGTON (AP) — A trio of cryptocurrency bills that had been expected to pass the House this week stalled on Tuesday after…

Leave a Reply

Your email address will not be published. Required fields are marked *