8-KRegulation FDExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Regulation FD Disclosure (Jul 20, 2023)

Filed July 20, 2023For Securities:IBM

Summary

This 8-K filing from IBM, dated July 19, 2023, primarily serves to disclose information related to their second-quarter 2023 earnings presentation. The filing includes the prepared remarks from CEO Arvind Krishna and CFO Jim Kavanaugh, as well as the accompanying presentation slides. These materials provide investors with details on IBM's financial performance and strategic outlook for the quarter ended July 19, 2023. Key takeaways for investors would be found within the content of these exhibits, which are expected to detail financial results, business segment performance, and forward-looking statements. The filing also reiterates that reconciliations between GAAP and non-GAAP financial measures are available within the presentation, offering transparency in financial reporting. Investors should refer to Exhibits 99.1 and 99.2 for the substantive details of IBM's Q2 2023 performance and guidance.

Key Highlights

  • 1IBM filed an 8-K on July 19, 2023, to disclose materials for its Q2 2023 earnings presentation.
  • 2The filing includes prepared remarks from CEO Arvind Krishna and CFO Jim Kavanaugh (Exhibit 99.1).
  • 3The Q2 2023 earnings presentation slides are also included as Exhibit 99.2.
  • 4Reconciliations of non-GAAP to GAAP financial measures are provided within Exhibit 99.2.
  • 5The information furnished is for disclosure purposes and not considered 'filed' under Section 18 of the Securities Exchange Act.
  • 6Investors are directed to the company's website for ongoing updates and financial information.

Frequently Asked Questions

The main purpose of this 8-K filing is to publicly disclose the prepared remarks and presentation slides for IBM's second-quarter 2023 earnings release, which took place on July 19, 2023. This provides investors with direct access to the company's commentary on its quarterly performance.

The detailed financial results and commentary for IBM's second quarter of 2023 can be found in Exhibit 99.1 (Prepared Remarks) and Exhibit 99.2 (Earnings Presentation Slides) attached to this 8-K filing.

The filing indicates that both GAAP and non-GAAP financial measures were discussed in the earnings presentation. Reconciliations between these non-GAAP measures and their most directly comparable GAAP measures are included within Exhibit 99.2.

The information in Item 7.01 of this 8-K, including Exhibits 99.1 and 99.2, is being furnished to the SEC, not filed. This means it is generally not subject to liability under Section 18 of the Securities Exchange Act of 1934, although it is still publicly available.