8-KEarnings & ResultsRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Apr 19, 2021)

Filed April 19, 2021For Securities:IBM

Summary

This 8-K filing from IBM, dated April 19, 2021, serves as a notification of the company's first-quarter 2021 financial results. The core of the report is the disclosure of these results through an accompanying press release (Exhibit 99.1) and an earnings presentation (Exhibit 99.3). Investors can access detailed financial performance, including both GAAP and non-GAAP measures, through these exhibits. The company emphasizes that management believes the non-GAAP information provides valuable insights and includes reconciliations to GAAP for transparency. The filing also highlights IBM's engagement with investors, directing them to its website for ongoing updates and additional financial information. The primary purpose of this 8-K is to furnish these key financial disclosures, making them accessible to the public in compliance with SEC regulations. Investors should refer to the referenced exhibits for the specific financial details and operational performance during the first quarter of 2021.

Key Highlights

  • 1IBM filed an 8-K on April 19, 2021, to report its first-quarter 2021 financial results.
  • 2The filing includes an Earnings Release (Exhibit 99.1) containing consolidated financial statements for the period ended March 31, 2021.
  • 3Non-GAAP financial information is provided in the press release, with reconciliations to GAAP measures included.
  • 4The company believes its non-GAAP disclosures offer useful insights to investors.
  • 5An Earnings Presentation (Exhibit 99.3) from the CEO and CFO is also attached, offering further details on Q1 2021 performance.
  • 6IBM directs investors to its corporate website for continuous updates and investor-related information.
  • 7The information furnished in this 8-K is not considered 'filed' for Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

The primary purpose of this 8-K filing is to formally announce and provide access to IBM's financial results for the first quarter of 2021, which concluded on March 31, 2021. It directs investors to an accompanying press release and earnings presentation for detailed financial information.

The detailed financial results are primarily located in Exhibit 99.1 (Earnings Release) and Exhibit 99.3 (Earnings Presentation) which are furnished with this 8-K filing. These documents contain consolidated financial statements and other relevant performance metrics.

Yes, IBM has disclosed certain non-GAAP financial information in its press release (Exhibit 99.1), which management believes offers valuable insights to investors. Reconciliations between these non-GAAP measures and their most directly comparable GAAP financial measures are also included in the press release.

IBM encourages investors to visit its corporate website, specifically the investor relations section (www.ibm.com/investor/), where information is regularly updated, and new details are posted.