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IBM Is America’s Worst Tech Company
Yahoo Finance·2025-10-23 22:15

Sundry Photography / iStock Editorial via Getty Images International Business Machines Corp. (NYSE: IBM) announced terrible quarterly results. Revenue rose only 9% to 16.3billion.Earningsdidriseto16.3 billion. Earnings did rise to 1.87 from (0.36),butittookachargeintheyearagoquarterthataffectedearnings.Abetterwaytolookatthenumbersisoperating(nonGAAP)pretaxincomefromcontinuingoperations,whichwas0.36), but it took a charge in the year-ago quarter that affected earnings. A better way to look at the numbers is operating (non-GAAP) pretax income from continuing operations, which was 3.0 billion, up from $2.5 billion in the same period of last year. After the report, IBM’s stock promptl ...