Strong services revenue lifts IBM's second quarter

Iria · Jul 19, 2007, 05:06 AM

Source: News.com
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IBM on Wednesday reported strong revenue and income growth for second quarter 2007, in a sign that the company has improved profitability in its giant professional services division.

Excluding a one-time gain from the sale of its printing division, IBM reported diluted earnings of $1.50 per share, beating analysts' expectations by 3 cents.

Jul 19, 2007, 05:06 AM	#1
Iria DriverHeaven Extreme Member Join Date: Apr 2004 Posts: 7,275 Rep Power: 89	Strong services revenue lifts IBM's second quarter Source: News.com ______ IBM on Wednesday reported strong revenue and income growth for second quarter 2007, in a sign that the company has improved profitability in its giant professional services division. Excluding a one-time gain from the sale of its printing division, IBM reported diluted earnings of $1.50 per share, beating analysts' expectations by 3 cents.