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IBM announced Q1 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $1.77 (beats by $0.12) and revenue of $17.7B (+0.7% Y/Y).
Shares of #IBM are trading at $137.39 (+3.21%) in post-market after posting earnings. Investors appear to be excited because IBM was able to post revenue growth for the first time after four straight quarters. Does this quarter's revenue growth warrant a buy sign for IBM investors?
By Financial MoversIBM announced Q1 earnings and beat analyst expectations! The company reported Non-GAAP EPS of $1.77 (beats by $0.12) and revenue of $17.7B (+0.7% Y/Y).
Shares of #IBM are trading at $137.39 (+3.21%) in post-market after posting earnings. Investors appear to be excited because IBM was able to post revenue growth for the first time after four straight quarters. Does this quarter's revenue growth warrant a buy sign for IBM investors?