Share “News Summary: IBM posts higher 4Q net income”

News Summary: IBM posts higher 4Q net income

Published on NewsOK Modified: January 21, 2014 at 5:03 pm •  Published: January 21, 2014

THE QUARTER: IBM's fourth-quarter net income grew 6 percent, surpassing Wall Street's expectations even though revenue declined amid a big hardware slump.

FORECAST: The world's largest technology services company is forecasting 2014 adjusted earnings of at least $18 per share. Analysts expect $18.02 per share. And the company says it remains "on track" toward its adjusted earnings goal of at least $20 in 2015.

COMPENSATION: CEO Ginni Rometty said she's recommending that senior executives, including herself, forgo personal bonuses for the year.


  1. 1
    OKC Thunder's Russell Westbrook Marries Nina Earl in Star-Studded Beverly Hills Ceremony
  2. 2
    Obama Renames Mt. McKinley 'Denali' Ahead of Alaska Trip
  3. 3
    2015 US Open -- Maria Sharapova announces she will not play
  4. 4
    Neurologist and Writer Oliver Sacks Dies at 82
  5. 5
    What "Games Of Thrones" Characters Look Like In The Books
+ show more


× Trending business Article