8-KEarnings & ResultsRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Oct 20, 2021)

Filed October 20, 2021For Securities:IBM

Summary

This Form 8-K filing from IBM, dated October 20, 2021, primarily serves to provide investors with access to the company's financial results for the third quarter of 2021, ending September 30, 2021. The report includes a press release detailing these results, along with supplementary non-GAAP financial information and reconciliations, which management believes offer valuable insights beyond standard GAAP measures. Additionally, the filing includes slides from the earnings presentation by IBM's CEO and CFO. Investors should note that the information provided in this 8-K, specifically concerning the financial results and presentation materials, is being furnished and not deemed 'filed' under Section 18 of the Securities Exchange Act of 1934. This means it is for informational purposes and doesn't carry the same legal implications as formally filed documents. The company also directs investors to its website for ongoing updates and additional financial information.

Key Highlights

  • 1IBM filed an 8-K on October 20, 2021, to report its third-quarter 2021 financial results.
  • 2The filing includes the official earnings release (Exhibit 99.1) detailing financial performance for the period ending September 30, 2021.
  • 3Non-GAAP financial information and reconciliations to GAAP measures are provided in Exhibit 99.2, offering management's perspective on key performance indicators.
  • 4Earnings presentation slides from the CEO and CFO for the third quarter of 2021 are included as Exhibit 99.3.
  • 5The furnished information, including earnings results and presentation materials, is not considered 'filed' under Section 18 of the Securities Exchange Act of 1934.
  • 6IBM directs investors to its corporate website (www.ibm.com/investor/) for continuously updated financial and investor information.

Frequently Asked Questions

The primary purpose of this IBM 8-K filing, dated October 20, 2021, is to publicly share the company's financial results for the third quarter of 2021, which ended on September 30, 2021. It also includes supporting materials like the earnings release, non-GAAP financial information, and presentation slides.

The detailed financial results are available in the Earnings Release of the Registrant, dated October 20, 2021, which is included as Exhibit 99.1 to this 8-K filing. Additionally, the earnings presentation slides (Exhibit 99.3) offer a further overview.

When information is 'furnished' under Item 2.02 or Item 7.01 of an 8-K, it means it is being provided to the SEC for informational purposes but is not subject to the liabilities and legal implications associated with information that is formally 'filed' under Section 18 of the Securities Exchange Act of 1934. This is a common practice for earnings releases and related materials.

Yes, IBM provides non-GAAP financial information in this filing (Exhibit 99.2). Management believes these non-GAAP measures, along with reconciliations to comparable GAAP measures, offer useful insights to investors by presenting financial results in a way that management views as providing a clearer picture of the company's performance.