youklip

IBM Earnings Disaster

IBM's stock fell 25% in one day after reporting adjusted EPS of 2.93, missing expectations due to a global memory shortage and a shift in customer spending away from mainframe products.

AI-generated summary — may contain errors. How it works

TopicValuetainment13:30

Get clips like this delivered to your feed — follow topics and channels you care about.

Join YouKlip — Free