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Investing.com - IBM reported on Monday second quarter earnings that beat analysts' forecasts and revenue that topped expectations.
IBM announced earnings per share of $2.33 on revenue of $18.75B. Analysts polled by Investing.com EPS of $2.32 on revenue of $18.29B.
IBM 's are up 9% and is trading at $140.75 , still down 9.68% from its 52 week high of $152.84 set on Thursday, June 10, 2021.
IBM shares gained 1.96% to trade at $140.75 in after-hours trade the report.
IBM follows other major Technology sector earnings this month
IBM's report follows an earnings missed by Taiwan Semiconductor on Thursday, who reported EPS of $0.929 on revenue of $13.35B, EPS of $0.9296 on revenue of $13.23B.
Accenture had beat expectations on Thursday, June 24, 2021 with third quarter EPS of $2.4 on revenue of $13.26B, for EPS of $2.24 on revenue of $12.81B.
Stay up-to-date on all of the upcoming earnings reports by visiting Investing.com's earnings calendar