ARMONK (dpa-AFX) - International Business Machines Corp. (IBM) released a profit for its first quarter that Increases, from last year
The company's earnings totaled $1.216 billion, or $1.28 per share. This compares with $1.054 billion, or $1.12 per share, last year.
Excluding items, International Business Machines Corp. reported adjusted earnings of $1.821 billion or $1.91 per share for the period.
The company's revenue for the period rose 9.5% to $15.917 billion from $14.541 billion last year.
International Business Machines Corp. earnings at a glance (GAAP) :
-Earnings: $1.216 Bln. vs. $1.054 Bln. last year. -EPS: $1.28 vs. $1.12 last year. -Revenue: $15.917 Bln vs. $14.541 Bln last year.
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