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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| International Business Machines Corp | NYSE:IBM | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| -1.35 | -0.81% | 164.85 | 166.27 | 164.30 | 165.69 | 4,030,977 | 00:59:46 |
From May 2021 to May 2024
By Maria Armental
International Business Machines Corp. reported higher revenue for the September quarter, ahead of the planned separation of tech services business Kyndryl. Here's what you need to know:
PROFIT: Net income fell to $1.13 billion from $1.7 billion a share a year earlier. On a per-share basis, profit was $1.25, or $2.52 as adjusted. IBM said it recorded about 56 cents a share in costs tied to the planned separation.
Analysts surveyed by FactSet expected $1.95 a share, or $2.52 a share as adjusted.
REVENUE: Total revenue rose to $17.62 billion from $17.56 billion a year earlier. Analysts expected $17.79 billion.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
October 20, 2021 16:34 ET (20:34 GMT)
Copyright (c) 2021 Dow Jones & Company, Inc.
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