IBM tops 1Q profit forecasts

April 21, 2015 1:07 AM

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International Business Machines Corp. (IBM) on Monday reported first-quarter net income of $2.33 billion.

On a per-share basis, the Armonk, New York-based company said it had net income of $2.35. Earnings, adjusted for non-recurring costs and costs related to mergers and acquisitions, were $2.91 per share.

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