IBM Posts Q3 Profit
(RTTNews) - IBM (IBM) Wednesday reported third-quarter net income was $1.74 billion or $1.84 per share, compared to a net loss of $330 million or $0.36 per share last year.
Adjusted earnings from continuing operations were $2.65 per share, compared to $2.30 per share last year.
Revenues for the quarter were $16.33 billion, up from $14.97 billion last year.
Looking ahead, the company now expects constant currency revenue growth of more than 5% for the full year.
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