"We are committed to building, with a growing ecosystem of partners, an enduring hybrid cloud platform that will serve as … . Share . Net income from continuing operations was $5.5 billion, down 42 percent year to year. IBM (NYSE: IBM) today announced second-quarter 2020 earnings results. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. The spin-off amounted to the first major shift for IBM since Krishna replaced Rometty as CEO in April. Posted on 01/21/2021 0 . “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment." The company did not issue formal earnings guidance but did say it expects revenue growth in 2021, along with $11 billion to $12 billion in free cash flow. Global Business and Financial News, Stock Quotes, and Market Data and Analysis. Share. Print. In some countries IBM wasn't able to complete the structural actions, and it expects to complete the remaining actions over the first half of 2021, resulting in an additional $260 million pre-tax charge, Kavanaugh said. Data is a real-time snapshot *Data is delayed at least 15 minutes. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. Quarterly earnings announcements IBM 4Q 2020 Earnings Announcement Link to Webcast. Twitter. IBM (NYSE:IBM) today announced first-quarter 2020 earnings results. * Results include the impact of pre-tax charge of $2.04 billion for structural actions in the fourth quarter. Nominations are open for the 2021 CNBC Disruptor 50, a list of private start-ups using breakthrough technology to become the next generation of great public companies. Debt, including Global Financing debt of $21.2 billion, totaled $61.5 billion, down $3.9 billion since the end of the third quarter, and down $11.5 billion since closing the Red Hat acquisition. Business Wire. Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation. 12 min read. Jordan Novet @jordannovet. IBM Reports 2020 Fourth-Quarter and Full-Year Results By ... flow excludes approximately $3 billion of cash impacts from the company’s structural actions initiated in the fourth quarter of 2020 and the transaction costs associated with the separation of the managed infrastructure services business. The report for the 4th quarter 2020 IBM. Published Thu, Jan 21 2021 4:16 PM EST Updated Thu, Jan 21 2021 6:25 PM EST. "Giving the level of macroeconomic uncertainty, more clients tended to move toward shorter duration engagements impacting our software revenue.". “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment.” said Arvind … IBM missed Wall Street estimates for quarterly revenue, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due … "I want to measure the company on revenue growth," Krishna said. “Our clients see the value of IBM’s hybrid cloud platform, based on open technologies, at a time of unprecedented business disruption," said Arvind Krishna, IBM chief executive officer. Article Related Articles (1) Stock Quotes (2) FREE Breaking News Alerts from StreetInsider.com! Except for the historical information and discussions contained herein, statements contained in this release may constitute forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Date January 21, 2021 Time 5:00 PM EST IBM Q4 2020 Earnings Announcement. January 21, 2021. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. IBM today announced first-quarter 2020 earnings results. IBM Reports 2020 Third-Quarter Results. said Arvind Krishna, IBM chairman and chief executive officer. Charts (346 KB) pdf. Revenue had not fallen so sharply in five years. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. ARMONK, N.Y., Jan. 21, 2021 — IBM today announced fourth-quarter and full-year 2020 earnings results. Conference Call and Webcast. Fourth Quarter: --  EPS includes the impact of a pre-tax charge of more than $2.0 billion for structural actions in the fourth quarter, Results include the impact of $2.04 billion pre-tax charge. IBM's Cloud and Cognitive Software segment that includes Red Hat produced $6.84 billion in revenue, down about 5% year over year. IBM Reports 2020 Third-Quarter Results. adjusting for currency (i.e., at constant currency); total revenue and cloud revenue adjusting for divested businesses and currency; Red Hat revenue normalized for historical comparability; presenting operating (non-GAAP) earnings per share amounts and related income statement items; net cash from operating activities, excluding Global Financing receivables. Article Related Articles (3) Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! ARMONK, N.Y., January 21, 2021 IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. 01/21/2021 16:16. Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation. Read the latest IBM earnings, compare with past earnings, and copy+paste into Excel. INTERNATIONAL … Strong Cloud Revenue Growth; Gross Margin Expansion; Solid Balance Sheet and Liquidity Position. IBM Reports 2020 Second-Quarter Results. IBM Reports 2020 Fourth-Quarter and Full-Year Results, January 21, 2021, 4:16 PM EST SHARE THIS ARTICLE. The company also expects adjusted free cash flow of $11 billion to $12 billion in 2021. IBM returned $5.8 billion to shareholders in dividends. Share. (914) 499‑6565 IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. IBM Reports 2020 Second-Quarter Results. Operating (non-GAAP) net income for the full year ended December 31, 2020 was $7.8 billion compared with $11.4 billion in the prior-year period, a decrease of 32 percent. IBM ended the fourth quarter with $14.3 billion of cash on hand, which includes marketable securities, up $5.3 billion from year-end 2019. IBM’s regular quarterly earnings conference call is scheduled to begin at 5:00 p.m. EST, today. (732) 618‑3531 “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment," said Arvind Krishna, IBM chairman and chief executive officer. ARMONK, N.Y.--(BUSINESS WIRE)--IBM (NYSE: IBM) today announced third-quarter 2020 earnings results. Back to … A regulatory filing with more detail on the two resulting companies will come in the fall, Kavanaugh said. IBM (NYSE: IBM) today announced third-quarter 2020 earnings results. A Division of NBCUniversal. “IBM remains focused on helping our clients adapt to the immediate challenges of the COVID-19 … Diluted earnings per share from continuing operations was $6.13 compared to $10.57 in 2019, a decrease of 42 percent. other. Earnings per share fell by a record 56% to us $2.07, but it is higher than the average of analysts ‘ forecasts of $1,79. "IBM remains focused on helping our clients adapt to the immediate challenges of the COVID-19 pandemic, while we continue to enable them to shift their mission-critical workloads to hybrid cloud and expand their use of AI to help transform their operations," said Arvind Krishna, IBM chief executive officer. Get this delivered to your inbox, and more info about our products and services. LinkedIn. IBM Launches New Innovative Capabilities for Watson, https://www.ibm.com/investor/events/earnings-4q20, IBM 4Q20 and Full Year Earnings Press Release (includes financial tables), GAAP EPS from continuing operations of $1.41; Operating (non-GAAP) EPS of $2.07, Revenue of $20.4 billion, down 6 percent (down 8 percent adjusting for divested businesses and currency), Total cloud revenue of $7.5 billion, up 10 percent (up 8 percent adjusting for divested businesses and currency), Red Hat revenue up 19 percent (up 17 percent adjusting for currency), normalized for historical comparability, GAAP gross profit margin of 51.7 percent, up 70 basis points; Operating (non-GAAP) gross profit margin of 52.5 percent, up 70 basis points, Debt reduced by $3.9 billion since end of third quarter, GAAP EPS from continuing operations of $6.13; Operating (non-GAAP) EPS of $8.67, Revenue of $73.6 billion, down 5 percent (down 4 percent adjusting for divested businesses and currency), Total cloud revenue of $25.1 billion, up 19 percent (up 20 percent adjusting for divested businesses and currency), Red Hat revenue up 18 percent, normalized for historical comparability, GAAP gross profit margin up 100 basis points; operating (non-GAAP) gross profit margin up 130 basis points, Net cash from operating activities of $18.2 billion; free cash flow of $10.8 billion, Cash on hand of $14.3 billion; debt reduced by more than $11 billion since closing the Red Hat acquisition. Sign up for free newsletters and get more CNBC delivered to your inbox. IBM Reports 2020 Fourth-Quarter and Full-Year Results . Net capital expenditures of $3 billion increased $0.7 billion, primarily for cloud infrastructure. Tweet. "Our clients see the value of IBM’s hybrid cloud platform, based on open technologies, at a time of unprecedented … Tweet. IBM (NYSE:IBM) today announced first-quarter 2020 earnings results. All Rights Reserved. International Business Machines Corporation (IBM Quick Quote IBM - Free Report) is slated to report fourth-quarter 2020 results on Jan 21, 2021. "The actions we are taking to focus on hybrid cloud … The company expects to grow revenue for the full year 2021 based on the current foreign exchange rates. That division currently sits within Global Technology Services. Global Business Services, which includes consulting, contributed $4.17 billion, down about 3% and more than the $4.08 billion consensus. “We have the financial flexibility to … For the full year, the company generated net cash from operating activities of $18.2 billion, or $13.8 billion excluding Global Financing receivables. Aktien » Nachrichten » IBM AKTIE » IBM Reports 2020 Fourth-Quarter and Full-Year Results. Prepared Remarks (114 KB) pdf. StreetInsider.com Top … We want to hear from you. Also in the quarter IBM said it had agreed to buy cloud consulting services provider Nordcloud for an undisclosed sum. Revenue fell 6% on an annualized basis, the fourth consecutive quarter of declines, according to a statement. Aktien » Nachrichten » IBM AKTIE » IBM Reports 2020 Fourth-Quarter and Full-Year Results. 01/21/2021 16:16. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. ** Consolidated diluted earnings per share was $6.23 compared to $10.56 in 2019, a decrease of 41 percent. Adjusted free cash flow excludes approximately $3 billion of cash impacts from the company’s structural actions initiated in the fourth quarter of 2020 and the transaction costs associated with the separation of the managed infrastructure services business. Got a confidential news tip? On top of that, the trend of customers prioritizing operating expenditures over capital expenditures "was amplified this quarter," Kavanaugh said. Financial reports present financial history in regular, concise and standardized formats. 12 min read. The company expects to grow revenue for the full year 2021 based on the current foreign exchange rates. The company is comparing against a period when Systems revenue rose from a new mainframe. The company has sought to go bigger in cloud computing and artificial intelligence under new CEO Arvind Krishna, but revenue declines also rankled his predecessor, Ginni Rometty. StreetInsider.com Top Tickers, 1/3/2021. Financial Results Below (certain amounts may not add due to use of rounded numbers; percentages presented are calculated from the underlying whole-dollar amounts). “The strong performance of our cloud business, led by … The unimpressive bottom-line performance reflects a 3% decline in revenues to $17.6 billion. “The actions we are taking to focus […] The company again declined to provide earnings guidance for the full year, following the emergence of the coronavirus. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. In the fourth quarter, the company generated net cash from operating activities of $5.9 billion, or $6.8 billion excluding Global Financing receivables. IBM first-quarter earnings beat on the bottom line but missed on revenue, the computer giant said Monday, as it withdrew 2020 guidance due to the coronavirus pandemic. That's lower than the FactSet consensus estimate of $7.18 billion. The charge relates to the plan IBM announced in October to spin off its Managed Infrastructure Services division, which offers hosting for web sites and web-based software, into a separate public company by the end of 2021. IBM (NYSE: IBM) today announced second-quarter 2020 earnings results. IBM ARMONK, N.Y., January 21, 2021 . 20 July 2020. The company expects to grow revenue for the full year 2021 based on the current foreign exchange rates. July 21, 2020. Before the after-hours move, IBM stock was up about 5% since the start of 2021, while the S&P 500 was up around 3% over the same period. IBM today announced fourth-quarter and full-year 2020 earnings results. Segment pre-tax results reflect the impact of the $2.04 billion pre-tax charge for structural actions in the fourth quarter. Not withstanding Monday’s after-hours move, IBM shares are … ARMONK, N.Y.-IBM (NYSE: IBM) today announced second-quarter 2020 earnings results. Materials for download. "IBM remains focused on helping our clients adapt to the immediate challenges of the COVID-19 pandemic, while we continue to enable them to shift their mission-critical workloads to hybrid cloud and expand their use of AI to help transform their operations," said Arvind Krishna, IBM chief executive officer. E-mail Address. Event details. 22-min read. Debt, including Global Financing debt of $21.2 billion, totaled $61.5 billion, down $3.9 billion since the end of the third quarter, and down $11.5 billion since closing the Red Hat acquisition. IBM Reports 2020 Third-Quarter Results, October 19, 2020, 4:12 PM EDT SHARE THIS ARTICLE. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. The Webcast may be accessed via a link at https://www.ibm.com/investor/events/earnings-4q20. Highlights ARMONK, N.Y. — IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. IBM Reports 2020 Fourth-Quarter and Full-Year Results. “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment," said Arvind Krishna, IBM chairman and chief executive officer. Full-year results reflect transaction-related impacts associated with the Red Hat acquisition, which closed in July 2019, and the impact of the $2.04 billion pre-tax charge for structural actions in the fourth quarter. We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients digital transformations while dealing with the broader uncertainty of the macro environment,” said Arvind Krishna, IBM chairman and chief executive officer. IBM revenue slide continues in Q4 2020. Share Tweet Post Email IBM Reports 2020 Fourth-Quarter … Infographic: Highlights of IBM’s (IBM) Q3 2020 earnings report October 19, 2020 October 20, 2020 Tech giant IBM Corp. ( NYSE: IBM ) on Monday said its third-quarter revenues and profit declined, hurt mainly by the disruption caused by the pandemic. The company returned $1.5 billion to shareholders in dividends. “Our clients see the value of IBM’s hybrid cloud platform, based on open technologies, at a time of unprecedented business disruption,” said Arvind Krishna, IBM chief executive officer. That's lower … International Business Machines Corporation (IBM Quick Quote IBM - Free Report) is slated to report fourth-quarter 2020 results on Jan 21, 2021. 12 min read. “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment." Forward-looking statements are based on the company’s current assumptions regarding future business and financial performance. These statements involve a number of risks, uncertainties and other factors that could cause actual results to differ materially, including, but not limited to, the following: a downturn in economic environment and client spending budgets; the company’s failure to meet growth and productivity objectives; a failure of the company’s innovation initiatives; damage to the company’s reputation; risks from investing in growth opportunities; failure of the company’s intellectual property portfolio to prevent competitive offerings and the failure of the company to obtain necessary licenses; cybersecurity and data privacy considerations; fluctuations in financial results; the possibility that the proposed separation of the managed infrastructure services unit of the company’s Global Technology Services segment will not be completed within the anticipated time period or at all, the possibility of disruption or unanticipated costs in connection with the proposed separation or the possibility that the separation will not achieve its intended benefits; impact of local legal, economic, political, health and other conditions; adverse effects from environmental matters, tax matters and the company’s pension plans; ineffective internal controls; the company’s use of accounting estimates; impairment of the company’s goodwill or amortizable intangible assets; the company’s ability to attract and retain key employees and its reliance on critical skills; impacts of relationships with critical suppliers; product quality issues; impacts of business with government clients; currency fluctuations and customer financing risks; impact of changes in market liquidity conditions and customer credit risk on receivables; reliance on third party distribution channels and ecosystems; the company’s ability to successfully manage acquisitions, alliances and dispositions, including integration challenges, failure to achieve objectives, the assumption of liabilities, and higher debt levels; legal proceedings and investigatory risks; risk factors related to IBM securities; and other risks, uncertainties and factors discussed in the company’s Form 10-Qs, Form 10-K and in the company’s other filings with the U.S. Securities and Exchange Commission (SEC) or in materials incorporated therein by reference. E-mail Address. ARMONK, N.Y., Jan. 21, 2021 — IBM today announced fourth-quarter and full-year 2020 earnings results. Free cash flow was $10.8 billion. ARMONK, N.Y. — IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. “We made progress in 2020 growing our hybrid cloud platform as the Push Mitteilungen FN als Startseite. The Global Technology Services unit came up with $6.57 billion in revenue, which was down 6% and below the $6.92 billion FactSet consensus. 20.04.2020 - IBM (NYSE:IBM) today announced first-quarter 2020 earnings results. said Arvind Krishna, IBM chairman and chief executive officer. 12-min read. Submit by Friday, Feb. 12, at 3 pm EST. IBM shares moved as much as 7% lower in extended trading on Wednesday after the company reported fourth-quarter revenue that fell short of analysts' expectations. The below links will guide you to financial reports, other filings and presentations. E-mail Address. IBM Reports 2020 Fourth-Quarter and Full-Year Results By ... Full-year 2020 Results. Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation. Share. Reblog. The company's earnings per share fell 66%, the sharpest decline in three years, partly because of a $2.04 billion pre-tax charge for structural actions in the quarter. IBM’s free cash flow was $6.1 billion. IBM ended the second quarter with $14.3 billion of cash on hand which includes marketable securities, up $5.2 billion from year-end 2019. The company also expects adjusted free cash flow of $11 billion to $12 billion in 2021. Forward-Looking and Cautionary Statements. ARMONK, N.Y.--(BUSINESS WIRE)--IBM (NYSE: IBM) today announced third-quarter 2020 earnings results. “The strong performance of our cloud business, led by Red Hat, underscores the growing client adoption of … IBM 4Q 2020 Earnings Announcement. IBM ended the fourth quarter with $14.3 billion of cash on hand, which includes marketable securities, up $5.3 billion from year-end 2019. ARMONK, N.Y.-- (BUSINESS WIRE)--IBM (NYSE: IBM) today announced second-quarter 2020 earnings results. IBM 10Q quarterly report filed 2020-09-30. "With solid cash generation, steadily expanding gross profit margins, disciplined financial management and ample liquidity, we are well positioned for success as the leading hybrid cloud platform company.”. Systems revenue of $2.50 billion, from sales of mainframe computers and other hardware, was down by 18% and under the $2.26 billion consensus estimate. jbuko@us.ibm.com, Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation, “In 2020 we increased investment in our business across R&D and CAPEX, and since October, announced the acquisition of seven companies focused on hybrid cloud and AI," said James Kavanaugh, IBM senior vice president and chief financial officer. INTERNATIONAL BUSINESS MACHINES CORPORATION … IBM (NYSE: IBM) today announced second-quarter 2020 earnings results. October 19, 2020. said Arvind Krishna, IBM chairman and chief executive officer. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. IBM's Cloud and Cognitive Software segment that includes Red Hat produced $6.84 billion in revenue, down about 5% year over year. IBM Reports 2020 Fourth-Quarter and Full-Year Results Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation ARMONK, N.Y.--(BUSINESS WIRE)--January 21, 2021-- IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. Income fell sharply by 6% to $20,37 billion, continuing a long statistics of falling quarterly revenues of IBM. IBM Reports 2020 Fourth-Quarter and Full-Year Results Back to video. Operating (non-GAAP) diluted earnings per share from continuing operations was $8.67 compared with $12.81 per diluted share for 2019, a decrease of 32 percent. Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation. "The challenging environment we have seen since March continued with the shift in clients buying behaviors and priorities," said Jim Kavanaugh, IBM's chief financial officer, on a conference call with analysts. IBM Reports 2020 Fourth-Quarter and Full-Year Results. E-mail Address. Article Related Articles (3) Stock Quotes (1) FREE Breaking News Alerts from StreetInsider.com! Edward Barbini WATCH: Gary Cohn to join IBM as vice chairman. StreetInsider.com Top Tickers, 1/3/2021. IBM Reports 2020 Second-Quarter Results. SVP and Director at IBM Research Arvind Krishna speaks on stage during the 2016 Wired Business Conference in New York on June 16, 2016. Push Mitteilungen FN als Startseite. Consolidated net income was $5.6 billion, down 41 percent year to year. Revenues for the full year 2020 totaled $73.6 billion, a decrease of 4.6 percent year to year (down 3.5 percent adjusting for divested businesses and currency) compared with $77.1 billion for the full year 2019. In the third quarter IBM announced the acquisition of WDG Automation, a Brazilian software company. IBM Reports 2020 Fourth-Quarter and Full-Year Results January 21, 2021 January 26, 2021 News IBM. Companies are required to file registration statements, periodic reports, and other information. Accelerated Cloud Revenue Growth; Gross Margin Expansion; Strong Balance Sheet and Liquidity Position. 10-min read. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. IBM ended the third quarter with $15.8 billion of cash on hand which includes marketable securities, up $6.7 billion from year-end 2019. "IBM remains focused on helping our clients adapt to the immediate challenges of the COVID-19 pandemic, while we continue to enable them to shift their mission-critical workloads to hybrid cloud and expand their use of AI to help transform their operations," said Arvind Krishna, IBM chief executive officer. IBM's revenue fell more than analysts were expecting. Presentation charts will be available shortly before the Webcast. IBM Reports 2020 Third-Quarter Results. 12 min read. In an effort to provide investors with additional information regarding the company’s results as determined by generally accepted accounting principles (GAAP), the company has also disclosed in this press release the following non-GAAP information, which management believes provides useful information to investors: The rationale for management’s use of these non-GAAP measures is included in Exhibit 99.2 in the Form 8‑K that includes this press release and is being submitted today to the SEC. IBM last posted its quarterly earnings results on July 20, 2020. ARMONK, N.Y. -- (BUSINESS WIRE)-- IBM (NYSE: IBM) today announced third-quarter 2020 earnings results. Article Related Articles (1) Stock Quotes (2) FREE Breaking News Alerts from StreetInsider.com! ARMONK, N.Y., Oct. 19, 2020 -- IBM today announced third-quarter 2020 earnings results. Forward-Looking and Cautionary Statements. Reblog. Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation. StreetInsider.com Top … IBM today announced third-quarter 2020 earnings results. “In 2020 we increased investment in our business across R&D and CAPEX, and since October, announced the acquisition of seven companies focused on hybrid cloud and AI,” said James Kavanaugh, IBM senior vice president and chief financial officer. ARMONK, N.Y., July 21, 2020 — IBM announced second-quarter 2020 earnings results. IBM Reports 2020 Fourth-Quarter and Full-Year Results Back to video. © 2021 CNBC LLC. IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. "We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients' digital transformations while … 12-min read. IBM Reports 2020 Fourth-Quarter and Full-Year Results . Except as required by law, the company assumes no obligation to update or revise any forward-looking statements. Press Release (89 KB) pdf. “We have the necessary financial flexibility … IBM Reports 2020 Fourth-Quarter and Full-Year Results. "The actions we are taking to focus on hybrid cloud and AI will take hold, giving us confidence we can achieve revenue growth in 2021.” Strong hybrid cloud adoption; Gross margin expansion; Solid cash generation. Presentation of Information in this Press Release. Full-year results reflect transaction-related impacts associated with the Red Hat acquisition, which closed in July 2019, and the impact of the $2.04 billion pre-tax charge for structural actions in the fourth quarter. Share. “We made progress in 2020 growing our hybrid cloud platform as the foundation for our clients’ digital transformations while dealing with the broader uncertainty of the macro environment." . Business Wire. The company also expects adjusted free cash flow of $11 billion to $12 billion in 2021. "The strong performance of our cloud business, led by Red Hat, underscores the growing client adoption of … IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. Technology giant IBM on Monday released its first quarterly report under new CEO Arvind Krishna, at a time when the industry is passing through an era of unprecedented turmoil.In the first quarter of 2020, adjusted earnings dropped to $1.84 per share from $2.25 per share in the corresponding period of last year, but topped the estimates. IBM (NYSE:IBM) today announced first-quarter 2020 earnings results. IBM Reports 2020 Third-Quarter Results . IBM (NYSE: IBM) today announced fourth-quarter and full-year 2020 earnings results. Fall, Kavanaugh said more than analysts were expecting 2021 Time 5:00 PM EST '' said! To shareholders in dividends income from continuing operations was $ 6.23 compared to $ 12 billion in 2021 year based. Our products and services for four consecutive quarters 6.13 compared to $ 12 in. July 21, 2021 News IBM would be around $ 2.3 billion ibm quarterly report 2020 2020 earnings results this article revenue! 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Link at https: //www.ibm.com/investor/events/earnings-4q20 Giving the level of macroeconomic uncertainty, clients!