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IBM January-March 2021 Financial Results

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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.

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