Cigna earnings beat by $0.04, revenue topped estimates
Investing.com - IBM reported on Tuesday first quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IBM announced earnings per share of $1.4 on revenue of $14.2B. Analysts polled by Investing.com EPS of $1.39 on revenue of $13.88B.
IBM 's are down 3% and is trading at $132.91 , still down 15.39% from its 52 week high of $152.84 set on Thursday, June 10, 2021.
IBM shares gained 2.78% to trade at $132.91 in after-hours trade the report.
IBM follows other major Information Technology sector earnings this month
IBM's report follows an earnings beat by Taiwan Semiconductor on Thursday, who reported EPS of $1.35 on revenue of $16.94B, EPS of $1.33 on revenue of $17,430M.
Adobe had beat expectations on Tuesday, March 22, 2022 with first quarter EPS of $3.37 on revenue of $4.26B, for EPS of $3.34 on revenue of $4.24B.
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