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Another Revenue Decline Expected for IBM

TheMotleyFool

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Another Revenue Decline Expected for IBM

International Business Machines (NYSE: IBM) will report its fourth-quarter results after the market closes on Tuesday, Jan. 21. The report will close out a challenging year, with revenue down in 2019 as the company continues to transform itself. The acquisition of Red Hat is part of that transformation, but it won't help IBM's numbers much in the fourth quarter.

IBM's third-quarter report was a mixed bag: Earnings beat analyst expectations, but revenue slumped by more than expected.

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Source Fool.com

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