8-KEarnings & ResultsRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Jul 17, 2019)

Filed July 17, 2019For Securities:IBM

Summary

This 8-K filing from IBM on July 17, 2019, primarily serves to attach their second-quarter 2019 earnings release and related financial presentation materials. Investors should note that the company is providing both GAAP and non-GAAP financial measures, with reconciliations and management's rationale for using non-GAAP figures included in the supplemental exhibits. The filing does not contain new operational updates but directs investors to the detailed financial results and a presentation by CFO Jim Kavanaugh. Key takeaways for investors will be found within the attached Exhibit 99.1 (Earnings Release) and Exhibit 99.3 (Earnings Presentation). These documents will contain the specific financial performance metrics, revenue breakdowns, profitability, and forward-looking statements for the second quarter of 2019. Investors are encouraged to review these exhibits carefully for a comprehensive understanding of IBM's financial condition and operational performance during the period.

Key Highlights

  • 1IBM filed an 8-K on July 17, 2019, to report its second-quarter 2019 financial results.
  • 2The filing includes the company's official earnings release dated July 17, 2019 (Exhibit 99.1).
  • 3IBM is providing both GAAP and non-GAAP financial information to investors.
  • 4Reconciliations of non-GAAP to GAAP financial measures are available in Exhibit 99.1.
  • 5Management's rationale for using non-GAAP financial measures is detailed in Exhibit 99.2.
  • 6The CFO's second-quarter 2019 earnings presentation slides are included as Exhibit 99.3.
  • 7IBM directs investors to its website for ongoing updates and additional financial information.

Frequently Asked Questions

The main purpose of this 8-K filing is to formally report IBM's financial results for the second quarter ended June 30, 2019, by attaching the company's earnings release and presentation materials.

The detailed financial results, including consolidated financial statements, are provided in Exhibit 99.1 (Earnings Release) and the accompanying presentation slides are in Exhibit 99.3, both attached to this 8-K filing.

Yes, IBM is providing non-GAAP financial measures alongside GAAP figures. Reconciliations to the most comparable GAAP measures are included in Exhibit 99.1, and management's rationale for using these non-GAAP measures is in Exhibit 99.2.

This particular 8-K filing primarily focuses on the reporting of financial results. Investors should refer to the attached earnings release (Exhibit 99.1) and presentation (Exhibit 99.3) for specific financial performance details and any forward-looking statements or guidance provided by the company for the second quarter of 2019.