Summary
IBM filed an 8-K on January 25, 2022, primarily to furnish the prepared remarks and supplemental financial materials related to its fourth-quarter and full-year 2021 earnings presentation. These materials, delivered by CEO Arvind Krishna and CFO Jim Kavanaugh on January 24, 2022, provide detailed insights into the company's performance and financial results for the period. Investors can find these prepared remarks and non-GAAP reconciliations as exhibits to this filing.
Key Highlights
- 1IBM announced its Q4 and Full-Year 2021 earnings presentation on January 24, 2022.
- 2The 8-K filing includes prepared remarks from CEO Arvind Krishna and CFO Jim Kavanaugh.
- 3Supplemental non-GAAP financial measures and their reconciliations to GAAP are provided.
- 4This filing serves as a disclosure vehicle for the earnings presentation content.
- 5Investors are encouraged to review the provided exhibits for detailed financial performance and commentary.
- 6The company directs investors to its website for ongoing updates and additional information.
Frequently Asked Questions
The main purpose of this 8-K filing is to formally provide the prepared remarks from IBM's Q4 and Full-Year 2021 earnings presentation, along with supplemental non-GAAP financial information and reconciliations. It ensures that this material is available to all investors.
The detailed financial performance and commentary can be found in Exhibit 99.1 (Prepared Remarks) and Exhibit 99.2 (Non-GAAP Supplemental Materials) which are furnished as part of this 8-K filing.
The earnings presentation discusses both GAAP and non-GAAP financial measures. Exhibit 99.2 specifically provides reconciliations for the non-GAAP financial measures to their most directly comparable GAAP measures.
No, this 8-K filing (Item 7.01 and Item 9.01) does not contain new formal financial statements. Instead, it furnishes the prepared remarks and supplemental materials from the company's earnings presentation, which discuss the financial results.