8-KEarnings & ResultsRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Jul 18, 2018)

Filed July 18, 2018For Securities:IBM

Summary

This Form 8-K filing by International Business Machines Corp. (IBM) on July 18, 2018, primarily serves to furnish investors with IBM's financial results for the second quarter ended June 30, 2018. The report references an accompanying press release (Exhibit 99.1) which details the company's financial performance, including both GAAP and non-GAAP financial measures. IBM management believes these non-GAAP metrics provide valuable insights for investors, and reconciliations to GAAP are included within the press release. Additionally, the filing includes the presentation slides from the CFO's second-quarter earnings call (Exhibit 99.3), which offers further context and discussion on the company's financial condition and operational results. Investors are encouraged to review these exhibits for a comprehensive understanding of IBM's performance during the reported period. The company also directs investors to its website for ongoing updates and financial information.

Key Highlights

  • 1IBM filed an 8-K on July 18, 2018, to report its financial results for the second quarter ended June 30, 2018.
  • 2The filing includes a press release (Exhibit 99.1) detailing the company's financial results.
  • 3IBM provided both GAAP and non-GAAP financial information, with reconciliations to GAAP presented in the press release.
  • 4Management believes that non-GAAP financial measures offer useful insights to investors.
  • 5The company also furnished earnings presentation slides from the CFO's second-quarter earnings call (Exhibit 99.3).
  • 6Investors are directed to IBM's website for additional financial and investor information.

Frequently Asked Questions

This 8-K filing itself does not contain the specific financial numbers. Instead, it directs investors to an attached press release (Exhibit 99.1) dated July 18, 2018, which contains the detailed financial results for the second quarter ended June 30, 2018, including consolidated financial statements.

IBM is providing non-GAAP financial measures alongside GAAP measures. The company's management believes these non-GAAP metrics offer a clearer view of underlying business performance and provide additional useful information to investors for their analysis. Reconciliations between GAAP and non-GAAP figures are available in Exhibit 99.1.

Investors can refer to Exhibit 99.3 of this 8-K filing, which contains the presentation slides from IBM's Chief Financial Officer's second-quarter 2018 earnings presentation. This likely provides further discussion and insights into the financial results and business outlook.

IBM encourages investors to visit its investor relations website at www.ibm.com/investor/ for continuous updates, financial and other information about the company.