IBM Beats Estimates, But Forced to Pull Full-Year Guidance

Shares of IBM slipped in afterhours trading. Not only did it report a pullback in first quarter revenue, in pulled its annual forecast. “Looking at the first quarter, through February we were tracking roughly in-line with our expectations,” said Chief Financial Officer James Kavanaugh as quoted by MarketWatch. “As we got into March, the health … Continue reading IBM Beats Estimates, But Forced to Pull Full-Year Guidance