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IBM quarterly revenue, full-year forecast disappoints

IBM quarterly revenue, full-year forecast disappoints

5 years ago
Anonymous $9jpehmcKty

https://www.reuters.com/article/us-ibm-results/ibm-quarterly-revenue-full-year-forecast-disappoints-idUSKCN1RS25P

International Business Machines Corp forecast full-year revenue below estimates after reporting a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its latest mainframe computers and a stronger dollar.

IBM quarterly revenue, full-year forecast disappoints

Apr 16, 2019, 10:49pm UTC
https://www.reuters.com/article/us-ibm-results/ibm-quarterly-revenue-full-year-forecast-disappoints-idUSKCN1RS25P >International Business Machines Corp forecast full-year revenue below estimates after reporting a bigger-than-expected drop in first-quarter revenue on Tuesday, hurt by tapering demand for its latest mainframe computers and a stronger dollar.