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International Business Machines Corporation  (IBM)
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    Sector • Technology    Industry • Computer Hardware
   Industry • Computer Hardware
   Sector • Technology


 

International Business Machines Corporation

IBM's Financial Statements and Analysis



International Business Machines Corporation reported in the third quarter of 2024 net loss per share of $-0.36 compare to earnings per share of $1.84 in the same quarter a year ago a decrease from $1.96 eps realized in II. Quarter (Jun 30 2024).


third quarter of 2024
Earnings Per Share Revenues
$ -0.36 $  14,968 Mill
$-2.20     $+216M     +1.46 %



International Business Machines's Revenue rose by 1.46 % in third quarter of 2024 (Sep 30 2024) year on year, to $14,968 million and declined by -5.09 % sequentially.


International Business Machines is

More on IBM's Income Statement



International Business Machines in the third quarter of 2024 recorded net loss of $-330.000 million, compare to net income of $1,704.000 million achieved in III. Quarter a year ago.

Sequentially company realized a net loss, compared to net income of $1,834.000 million in the previous quarter.

More on IBM's Growth

International Business Machines Inventories
Inventories declined by -35.28 % to $1,161.00 million from III. Quarter a year ago, sequentially inventories fell by -22.65 %. In Sep 30 2024 company's net cash and cash equivalents decreased by $-1,264 million, capital expenditures fell by -2811.78%, to $-286 millions compare to same quarter a year ago

More on IBM's Cash flow Statement


International Business Machines Corporation payed out dividend of $6.59 per share in last 52 weeks representing 97.05 % of net earning per share in trailing twelve-month period.

During the same period International Business Machines Corporation earned $ 14.70 cash per share, on a free-cash flow basis 216.51 % of net earning per share.

Book value grew by 2.72 % sequentially to $24.48 per share, 39.34% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value fell to $ -52.62 per share from $ -47.74.

Company repurchased 10.80 million shares or 1.16 % in Sep 30 2024.
Interest Coverage Ratio was 4.69. Debt Coverage Ratio was 0.14.

• More on IBM's Dividends

 Market Capitalization (Millions) 219,854
 Shares Outstanding (Millions) 924
 Total Debt (Millions $) 56,547
 Revenue (TTM) (Millions $) 62,581
 Net Income (TTM) (Millions $) 6,397
 Cash Flow (TTM) (Millions $) 5,939
 Capital Exp. (TTM) (Millions $) -1,045
 Dividend TTM ($) 6.59 $
 Dividend Yield TTM (%) 2.81 %
 Employees (TTM) $ 311,300




International Business Machines Corporation payed out dividend of $6.59 per share in the last 52 weeks representing 97.05 % of net earning per share in trailing twelve-month period.

During the same period International Business Machines Corporation had $ 14.70 cash flow per share, on a free-cash flow basis 216.51 % of net earning per share.

Book value grew by 2.72 % sequentially to $24.48 per share, 39.34% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value fell to $ -52.62 per share from $ -47.74.

Company repurchased 10.80 million shares or 1.16 % in Sep 30 2024.
Interest Coverage Ratio was 4.69. Debt Coverage Ratio was 0.14.

• More on IBM's Balance Sheets

 Market Capitalization (Millions) 219,854
 Shares Outstanding (Millions) 924
 Total Debt (Millions $) 56,547
 Revenue (TTM) (Millions $) 62,581
 Net Income (TTM) (Millions $) 6,397
 Cash Flow (TTM) (Millions $) 5,939
 Capital Exp. (TTM) (Millions $) -1,045
 Dividend TTM ($) 6.59 $
 Dividend Yield TTM (%) 2.81 %
 Employees (TTM) $ 311,300
   


  News about International Business Machines Corporation Earnings

IBM Surprises Analysts with Impressive Income Growth of 70.3% in Q1 2024

As an analyst for the CSIMarket.com, I have been closely following the financial results of International Business Machines Corporation (IBM) for the fiscal period ending March 31, 2024. While the bottom-line growth has been impressive, with a surge of 70.3% in income per share to $1.72, the revenue advance has been slow, increasing only by 1.473% to $14.46 billion compared to the same quarter a year ago.
It is notable that IBM's revenue growth in the Computer Hardware sector lags behind its contemporaries, with a relative growth rate of 9.63% compared to the similar period a year ago. In comparison to the previous quarter, there has been a significant decline in profit by -50.47% to $3.47 per share, and...

IBM's Remarkable Fourth Quarter Performance: Double-Digit EPS Improvement and Revenue Rise

The recent fiscal period has brought positive financial results for the Internat...

IBM Surpasses Expectations with 12.42% Increase in Income Despite Revenue Dip in Q2 2023



The recently released financial results of International Business Machines Corporation (IBM) for the fiscal year ending June 30, 2023, indicate a mixed bag of outcomes. While the company experienced a slight decline in revenue, there was a significant improvement in earnings per share (EPS) and net earnings. Furthermore, IBM demonstrated enhanced profit margins, leaving room for optimism about the company's future. This article aims to analyze these financial results and their potential impact on IBM going forward.
1. Revenue Decline:
Although IBM observed a small decrease of 0.386% in revenue to $15.48 billion in comparison to the previous year, this decline seems relatively marginal. It i...


Date modified: 2024-10-31T09:04:14+00:00





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