By Donovan Erskine
Publication Date: 2026-04-22 21:06:00
IBM stock was down after mixed earning results.
Tech company IBM has wrapped its first quarter of the fiscal year and is out with earnings. The company beat on revenue expectations, but missed the EPS whisper number.
IBM’s Q1 2026 earnings report was published today. The tech company made $15.9 billion in revenue during the quarter, which beats the expectation of $15.65 billion. Earnings-per-share, however, were $1.91/share, narrowly missing the $1.92 whisper number.
IBM stock took a dive just after the close of markets today. Shares fell as low as $233.40 after ending the day at $252.19.
In addition to IBM, Tesla and Texas Instruments reported quarterly earnings today. Count on Shacknews for more financial news out of the tech space.
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