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IBM Q1 Revenue Reaches $15.92 Billion, Up 9.5% Year-on-Year
On April 23, IBM reported a Q1 revenue of $15.92 billion, a 9.5% increase year-on-year, surpassing analysts’ expectations of $15.67 billion. The operating earnings per share (EPS) for the quarter were $1.91, compared to $1.60 in the same period last year, exceeding the analyst forecast of $1.81. The free cash flow (FCF) for Q1 was $2.22 billion, a 13% increase year-on-year, while analysts had anticipated $2.17 billion. (Dongxin News Agency)