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DewDiligence

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DewDiligence

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Re: biotech_researcher post# 8956

Tuesday, 10/20/2015 9:20:18 AM

Tuesday, October 20, 2015 9:20:18 AM

Post# of 30494
IBM reports lower YoY revenue for 14th consecutive quarter (ouch):

http://www.wsj.com/articles/ibm-reports-another-quarter-of-declining-revenue-1445285709

For its quarter ended Sept. 20, revenue fell a greater-than-expected 14% to $19.29 billion. IBM blamed the drop in part on a stronger U.S. dollar…

For the fiscal year, IBM expects earnings per share of between $14.75 and $15.75, down from the previous guidance of between $15.75 and $16.50 share.

“The efficient-market hypothesis may be
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in any area of human knowledge!”

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