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IBM slid nearly 5% in premarket trading as its net profit decreased by 33% year-on-year

Tiger Newspress2021-10-21

IBM slid nearly 5% in premarket trading as its net profit decreased by 33% year-on-year.The financial report shows that IBM's revenue in the third quarter was 17.62 billion US dollars, an increase of 0.3% compared with 17.56 billion US dollars in the same period last year, which was lower than the average expectation of analysts of 17.77 billion US dollars;Net profit was 1.13 billion US dollars, down 33% from 1.698 billion US dollars in the same period last year; After adjustmentEarnings per share was $2.52, while analysts expected an average of $2.50. 

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  • JeremyKok
    ·2021-10-22
     Wait for it to drop more before buying.
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    • Piggys
      Like😛👍🍭
      2021-10-22
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    • Piggys
      Done 🍭👍
      2021-10-22
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    • DMC8
      Nice
      2021-10-22
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  • Gail83
    ·2021-10-21
    Will go up in the long run
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  • Jdheng1
    ·2021-10-21
    Liked
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    • SaveHK
      sell the news
      2021-10-21
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  • RobinChanKH
    ·2021-10-21
    Up
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    • Jdheng1
      yes
      2021-10-21
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  • Ghuna
    ·2021-10-21
    Like pls, thk u
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-10-22
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  • bluesea2021
    ·2021-10-21
    Ok
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  • sst9383
    ·2021-10-21
    like pls
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    • JeremyKok
      hi. please like and comment back. thank you.
      2021-10-22
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    • av
      Yes
      2021-10-21
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    • boonchek
      Ok
      2021-10-21
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