Analysts estimate that Challenged IBM is presenting increased sales and profits which are more than expected, and despite the crisis.
Sales in the business sector in hardware and software went unexpectedly positive with the result that the net profit of IBM to experience enhanced 2.6 billion USD or $ 1.97 per share, from 2.3 billion USD or $ 1.70 per share for the corresponding period last year.
The company recorded revenue growth of 5%, reaching to 22.9 billion dollars. The gross margin stood at 43.6% from 43.4%. The Administration has upgraded the IBM estimates for the entire year by reason for profits which will reach the 11,20 dollars per share. The analysts in a poll of Thomson Reuters expected net profit of $ 1.93 per share revenues amounting to EUR 22.8 billion.dollars.
No comments:
Post a Comment