Tech: IBM misses on Q2 revenues (IBM)

IBM misses on revenues.

IBM just released its second-quarter earnings. The stock immediately dipped slightly.

It reported:

• Earnings per share (adjusted) of $2.79, versus of estimates of $2.74 EPS.
• Revenues of $19.29 billion, versus estimates of $19.47 billion.
• Cloud revenues were up 15% year-over-year for a total of $3.9 billion in Q2.

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