International Business Machines Corporation
- IBM increased 7.3% to $186.59 after the technology company reported better-than-expected quarterly results.
Revenue in the fourth quarter increased 4% to $17.4 billion from $16.7 billion, net income soared 3% to $3.3 billion from $2.7 billion, and diluted earnings per share jumped to $3.55 from $2.96 a year ago.
In the year 2023, revenue increased 2% to $61.9 billion, net income jumped to $7.5 billion from $1.6 billion, and diluted earnings per share advanced to $8.14 from $1.80 a year ago.
The technology company forecasted 2024 revenue to increase "mid-single-digit" and free cash flow to be around $12 billion.
Jan 25, 2024 - IBM declined 0.5% to $161.89 after the company agreed to acquire two divisions focused on AI and enterprise services from Germany-based Software AG for $2.3 billion.
Dec 19, 2023 - IBM increased 0.4% to $126.84 after the technology company reported better-than-expected earnings.
Revenue in the first quarter increased 0.4% to $14.3 billion and net income increased 41% to $927 million from $733 million and diluted earnings per share rose to $1.02 from 82 cents a year ago.
Free cash flow increased to $1.34 billion from $1.24 billion and long term debt increased to $53.8 billion from $46.2 billion from a year ago.
The company guided full-year 2023 free cash flow to increase $1.0 billion to $10.5 billion and revenue growth between 3% and 5% in constant currency.
Apr 20, 2023
| Year | Mar | Jun | Sep | Dec | Annual | |
|---|---|---|---|---|---|---|
| 2023 | 1.01 | 1.72 | 1.84 | - | - | |
| 2022 | 0.81 | 1.53 | -3.54 | 3.00 | 1.8 | |
| 2021 | 1.06 | 1.47 | 1.25 | 2.57 | 6.35 | |
| 2020 | 1.31 | 1.52 | 1.89 | 1.51 | 6.23 | |
| 2019 | 1.78 | 2.81 | 1.87 | 4.1 | 10.56 | |
| 2018 | 1.81 | 2.61 | 2.94 | 2.16 | 9.52 | |
| 2017 | 2.38 | 2.97 | 3.30 | 5.18 | 13.83 | |
| 2016 | 2.35 | 2.95 | 3.29 | 5.01 | 13.6 | |
| 2015 | 2.91 | 3.84 | 3.34 | 4.84 | 14.93 | |
| 2014 | 2.29 | 4.12 | 0.02 | 5.47 | 11.9 | |
| 2013 | 2.70 | 2.91 | 3.68 | 5.65 | 14.94 | |
| 2012 | 2.61 | 3.34 | 3.33 | 5.09 | 14.37 | |
| 2011 | 2.31 | 3.00 | 3.19 | 4.56 | 13.06 | |
| 2010 | 1.97 | 2.61 | 2.82 | 4.12 | 11.52 | |
| 2009 | 1.70 | 2.32 | 2.40 | 3.59 | 10.01 | |
| 2008 | 1.64 | 1.97 | 2.04 | 3.24 | 8.89 | |
| 2007 | 1.21 | 1.55 | 1.68 | 2.71 | 7.15 | |
| 2006 | 1.08 | 1.30 | 1.45 | 2.28 | 6.11 | |
| 2005 | 0.84 | 1.12 | 0.94 | 1.97 | 4.87 |