trending Market Intelligence /marketintelligence/en/news-insights/trending/A6p8wAyTfW9v3yPb33ZUrA2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

IBM reports slightly lower EPS, net income for 3rd quarter

Mining Exploration Insights – September 2020

Amid Pandemic, Airlines Forge a New Survival Metric: Daily Cash Burn

Industries Most and Least Impacted by COVID-19 from a Probability of Default Perspective – September 2020 Update

Complying with International Financial Reporting Standard IFRS 9


IBM reports slightly lower EPS, net income for 3rd quarter

International Business Machines Corp. reported third-quarter earnings per share of $2.92 on a GAAP basis and net income of $2.7 billion, down 2% and 4%, respectively, from the same period a year ago.

The company's total revenue came in at $19.2 billion, with cloud revenues increasing 20% to $4.1 billion year over year during the quarter.

By business segment, revenues from cognitive solutions went up 4% to $4.4 billion while global business services revenues fell 2% to $4.1 billion. Revenues from technology services and cloud platforms dropped 3% to $8.5 billion, and global financing revenues rose 4% to $427 million. Revenues from systems including hardware and operating systems software jumped 10% to $1.7 billion.

For full-year 2017, the company still expects GAAP diluted earnings per share of at least $11.95.

Martin Schroeter, IBM senior vice president and CFO, said the company returned nearly $8 billion to shareholders through dividends and share repurchases during the first three quarters.