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International Business Machines Corporation Message Board

  • lws2000 lws2000 Apr 18, 2013 4:27 PM Flag

    IBM Earnings Solid

    Chairman and CEO Ginni Rometty did not mince words in the company’s release. “[W]e grew operating net income, earnings per share and expanded operating margins but we did not achieve all of our goals in the period,” she said. Among the missed opportunities: IBM is still waiting on a number of software and mainframe transactions to close.

    Despite the first-quarter miss, Rometty said the company still expects to deliver on its full-year operating EPS guidance of $16.70.

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