8-K/ARegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K/A Report, Regulation FD Disclosure (Apr 20, 2022)

Filed April 20, 2022For Securities:IBM

Summary

This 8-K/A filing from IBM is an amendment to a previous filing, specifically correcting a minor typographical error on slide 30 of their Q1 2022 earnings presentation. The error involved the time period for expected pre-tax margin improvement, which was incorrectly stated as "from 1Q22 to 2Q22" and has now been corrected to "Yr/Yr from 2Q21 to 2Q22." This amendment does not introduce new material information beyond the correction of this specific detail. Investors should note that this filing is primarily administrative. While the correction clarifies the intended timeframe for margin improvement, the core financial performance and strategic outlook discussed in the original Q1 2022 earnings presentation remain the key takeaways. The company continues to direct investors to its website for comprehensive information.

Key Highlights

  • 1Amendment to a prior 8-K filing, not a new disclosure of material events.
  • 2Corrects a typographical error in the Q1 2022 earnings presentation materials.
  • 3The error was on slide 30, concerning the expected time period for pre-tax margin improvement.
  • 4The corrected timeframe for pre-tax margin improvement is year-over-year from Q2 2021 to Q2 2022.
  • 5No other information in the original 8-K filing or the Q1 earnings presentation has been altered.
  • 6The filing includes Exhibit 99.1, the updated slide 30, and the standard cover page interactive data file.

Frequently Asked Questions

The main purpose of this 8-K/A filing is to correct a typographical error found in the slide deck accompanying IBM's Q1 2022 earnings presentation. Specifically, it corrects the time period for expected pre-tax margin improvement on slide 30.

The error was that the expected time period for pre-tax margin improvement was incorrectly labeled as 'from 1Q22 to 2Q22'. The corrected and accurate timeframe is 'Yr/Yr from 2Q21 to 2Q22'.

No, this amendment is solely to correct a typographical error and does not alter the substance of IBM's Q1 2022 financial results, its outlook, or any other statements made in the original 8-K filing or the earnings presentation.

The corrected information, specifically the updated slide 30 of the earnings presentation, is provided as Exhibit 99.1 to this 8-K/A filing.