IBM Tops Estimates But Revenues Fall Short

Filed under: After the Bell, Major Movement, International Markets, Earnings Reports, Bad News, Market Matters, International Business Machines (IBM), Technology

Shares of tech giant International Business Machines Corp. (IBM) are selling off in after hours trading today after the company posted lower than expected revenues for its second quarter.



Analysts had been expecting to see the company show revenues of $24.17 billion during the quarter, but actual revenues were a bit lower at $23.7 billion.

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IBM Tops Estimates But Revenues Fall Short originally appeared on BloggingStocks on Mon, 19 Jul 2010 18:30:00 EST. Please see our terms for use of feeds.

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