IBM lowers 2019 earnings guidance after closure of Red Hat purchase

  • 📰 CNBC
  • ⏱ Reading Time:
  • 17 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 72%

Italia Notizia Notizia

Italia Ultime Notizie,Italia Notizie

IBM reduced its profit forecast for the year after factoring in costs related to Red Hat, its biggest acquisition ever.

The company now expects full-year earnings to be lower with Red Hat in the mix, partly because of an adjustment to deferred revenue.lowered its earnings forecast for the year on Friday to take into account the Red Hat acquisition, which closed last month.

The decreased guidance reflects a $2.2 billion purchase-accounting adjustment to record deferred revenue at face value as well as retention payments and the earlier-than-expected ending of IBM's share buyback. IBM now expects at least $12.80 in earnings per share this year, excluding certain items, down from the

 

Grazie per il tuo commento. Il tuo commento verrà pubblicato dopo essere stato esaminato.

$IBM WILL BE OK JUST FIRE 2,000 MORE PEOPLE OVER 60

Abbiamo riassunto questa notizia in modo che tu possa leggerla velocemente. Se sei interessato alla notizia puoi leggere il testo completo qui. Leggi di più:

 /  🏆 12. in İT

Italia Ultime Notizie, Italia Notizie