financetom
Business
financetom
/
Business
/
IBM Q2 Non-GAAP Earnings, Revenue Increase; Shares Jump After Hours
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
IBM Q2 Non-GAAP Earnings, Revenue Increase; Shares Jump After Hours
Jul 24, 2024 1:59 PM

04:38 PM EDT, 07/24/2024 (MT Newswires) -- IBM ( IBM ) reported Q2 non-GAAP earnings late Wednesday of $2.43 per diluted share, up from $2.18 a year earlier.

Analysts polled by Capital IQ expected $2.17.

Revenue for the quarter ended June 30 was $15.77 billion, up from $15.48 billion a year earlier.

Analysts surveyed by Capital IQ expected $15.62 billion.

The company expects full-year 2024 constant currency revenue growth "consistent with its mid-single digit model." Analysts polled by Capital IQ expect revenue of $63.09 billion in the full year.

Shares of the company traded 2.3% higher in after-hours activity.

Price: 190.30, Change: +6.28, Percent Change: +3.41

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
CCL Industries Signs Agreement to Acquire Sleever International
CCL Industries Signs Agreement to Acquire Sleever International
Mar 13, 2026
TORONTO, ON / ACCESS Newswire / March 13, 2026 / CCL Industries Inc. ( CCLLF ) (TSX:CCL.B), a world leader in specialty label, security and packaging solutions for global corporations, government institutions, small businesses and consumers, announced today that it has signed a binding Option Agreement to acquire Sleever International Company SA, its subsidiaries and related companies (Sleever), a family...
Prudent Growth Purchases Hampton Cove Shops in Alabama
Prudent Growth Purchases Hampton Cove Shops in Alabama
Mar 13, 2026
CHAPEL HILL, N.C., March 13, 2026 /PRNewswire/ -- Prudent Growth Partners, LLC, a private equity real estate firm based in Chapel Hill and Charlotte, NC, has completed the $7.6 million acquisition of Hampton Cove Shops, a 41,681-square-foot retail center located in Owens Cross Roads, Alabama. Hampton Cove Shops is a compelling value-add retail acquisition located in one of the fastest-growing...
SupplyOne Expands in New England with Acquisition of Specialty Packaging
SupplyOne Expands in New England with Acquisition of Specialty Packaging
Mar 13, 2026
The Connecticut-based distributor's assortment supports SupplyOne in achieving their strategic growth initiatives. NEWTOWN SQUARE, Pa., March 13, 2026 /PRNewswire/ - SupplyOne, Inc., a value-added distributor with corrugated converting capabilities, announced today that it has acquired Specialty Packaging, LLC, a packaging solutions distributor based in East Hartford, Connecticut. Founded in 2012, Specialty Packaging was founded by Chris Orsini and Keith Streib,...
Sciens Building Solutions Acquires Ninth Florida Company
Sciens Building Solutions Acquires Ninth Florida Company
Mar 13, 2026
SAN FRANCISCO, March 13, 2026 (GLOBE NEWSWIRE) -- Sciens Building Solutions (“Sciens”) today announced it has welcomed Clearwater, Florida-based Fire Safety, Inc. (“FSI”) to its growing portfolio of companies. This latest acquisition announcement from Sciens helps them further expand their presence in the Florida market, while providing FSI and its customers with even deeper resources and expertise, as well as...
Copyright 2023-2026 - www.financetom.com All Rights Reserved