IBM Shares Stay Mostly Flat As Q1 2015 Earnings Again Beat Estimates But Revenues Miss

April 20, 2015 8:52 PM

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IBM IBM missed on revenue for its eighth of nine quarters in a row on Mon. as it reported Q1 2015 financial results, though earnings again beat Wall St. consensus.

Big Blue reported revenue of $19.6 billion for the quarter, $100 million less than analysts had predicted and down 12% year-to-year. The company cleared expectations for earnings by ten cents a share, reporting $2.91 against a consensus of $2.81, a 9% improvement from last year. The company also rep...

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