International Business Machines Corporation (IBM)
After hours:
| Previous Close | 182.19 |
| Open | 183.17 |
| Bid | 169.18 x 1200 |
| Ask | 169.60 x 900 |
| Day's Range | 181.40 - 184.29 |
| 52 Week Range | 120.55 - 199.18 |
| Volume | |
| Avg. Volume | 4,862,882 |
| Market Cap | 168.773B |
| Beta (5Y Monthly) | 0.71 |
| PE Ratio (TTM) | 22.56 |
| EPS (TTM) | 8.16 |
| Earnings Date | Jul 24, 2024 - Jul 25, 2024 |
| Forward Dividend & Yield | 6.64 (3.61%) |
| Ex-Dividend Date | Feb 08, 2024 |
| 1y Target Est | 188.24 |
- Yahoo Finance Video
IBM earnings top estimates, acquiring HashiCorp for $6.4B
IBM (IBM) reported first quarter operating earnings of $1.68 compared to estimates of $1.59. Revenue of $14.46 billion was about in line with expectations of $14.25 billion. The tech giant also announced it was buying HashiCorp (HCP) for $35 per share, or about $6.4 billion, in a bid to boost its cloud-based offerings. Yahoo Finance's Julie Hyman and Josh Lipton break down the results. For more expert insight and the latest market action, click here to watch this full episode of Market Domination Overtime. This post was written by Stephanie Mikulich.
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