8-KEarnings & ResultsRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Oct 16, 2019)

Filed October 16, 2019For Securities:IBM

Summary

This Form 8-K filing by International Business Machines Corp. (IBM) on October 16, 2019, primarily serves to furnish the company's financial results for the period ending September 30, 2019. The report includes an earnings release (Exhibit 99.1) detailing both GAAP and non-GAAP financial measures, with reconciliations provided in Exhibit 99.2. Management believes these non-GAAP measures offer valuable insights to investors. Additionally, the filing includes presentation slides from the Chief Financial Officer's third-quarter earnings call (Exhibit 99.3). Investors are encouraged to review these provided exhibits, as well as IBM's investor relations website for ongoing updates and comprehensive financial information. The core purpose of this 8-K is to provide timely access to the company's latest financial performance data and management's commentary.

Key Highlights

  • 1IBM filed an 8-K on October 16, 2019, to report its financial results for the quarter ended September 30, 2019.
  • 2The filing includes the official earnings release (Exhibit 99.1) detailing financial performance.
  • 3IBM provided both GAAP and non-GAAP financial measures in its earnings release.
  • 4Reconciliations for non-GAAP financial measures to GAAP are included in Exhibit 99.2.
  • 5Management believes non-GAAP financial measures offer useful additional information to investors.
  • 6Presentation slides from the CFO's third-quarter earnings call are also included as Exhibit 99.3.
  • 7Investors are directed to IBM's website for continuous updates and further investor information.

Frequently Asked Questions

The main purpose of this Form 8-K filing is to officially report IBM's financial results for the third quarter of 2019, which ended on September 30, 2019. It also includes related materials such as the earnings press release and presentation slides.

The detailed financial results, including both GAAP and non-GAAP figures, are available in the Earnings Release (Exhibit 99.1) which is attached to this 8-K filing. Reconciliations for non-GAAP measures can be found in Exhibit 99.2.

Non-GAAP financial measures are financial performance indicators that exclude certain items from the corresponding GAAP (Generally Accepted Accounting Principles) measures. IBM provides these measures because management believes they offer useful insights into the company's ongoing operational performance and underlying business trends, complementing the standard GAAP reporting.

Yes, the filing also includes Exhibit 99.3, which are the presentation slides used by IBM's Chief Financial Officer during the third-quarter 2019 earnings presentation on October 16, 2019.