Have you ever heard of IBM (ticker symbol: IBM), a U.S. stock?
It is a computer-related company in the United States.
This time, I would like to introduce the company’s financial results for the period January to March 2021, which were announced on April 19, 2021.
January to March 2021
EPS was $1.77 vs. forecast of $1.62.
Sales: $17.73 billion vs. forecast of $17.35 billion.
Sales growth rate was +0.9% YoY.
Sales and growth rates by region were as follows
Sales in the Americas were $8.2 billion, with a growth rate of +/-0%.
Sales in Europe, Middle East and Africa were $5.6 billion, a growth rate of -5%.
Sales in Asia Pacific were $3.9 billion, a growth rate of -4%.
Operating cash flow was $2.1 billion.