8-KEarnings & ResultsExhibits & Filings

INTERNATIONAL BUSINESS MACHINES CORP 8-K Report, Financial Results (Jan 24, 2024)

Filed January 24, 2024For Securities:IBM

Summary

IBM has filed an 8-K report on January 24, 2024, announcing its financial results for the period ended December 31, 2023. The report primarily references an accompanying press release (Exhibit 99.1) which contains the detailed financial results, including both GAAP and non-GAAP measures. Management believes these non-GAAP measures offer valuable insights for investors beyond standard accounting principles, with reconciliations provided in the press release. The filing serves as a notification of these results, with the detailed financial performance and strategic commentary expected to be found within the referenced press release. Investors interested in IBM's performance for the latest fiscal period should refer to Exhibit 99.1 for a comprehensive overview of its operational and financial condition.

Key Highlights

  • 1IBM announced its financial results for the period ended December 31, 2023, via an 8-K filing on January 24, 2024.
  • 2The core of the announcement is an earnings press release (Exhibit 99.1), which details the company's financial performance.
  • 3The press release includes both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial information.
  • 4IBM highlights the utility of non-GAAP measures for investors, believing they provide additional useful information.
  • 5Reconciliations between GAAP and non-GAAP financial measures are provided within the press release (Exhibit 99.1).
  • 6The rationale behind management's use of non-GAAP financial measures is detailed in a separate exhibit (Exhibit 99.2).
  • 7Information furnished under Item 2.02 is not considered 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.

Frequently Asked Questions

The main purpose of this 8-K filing is to announce and provide access to IBM's financial results for the period ended December 31, 2023, through an attached press release.

The detailed financial results, including GAAP and non-GAAP figures, are contained within the Earnings Release (Exhibit 99.1) referenced in the 8-K filing.

Yes, IBM provides non-GAAP financial information in its press release, which management believes offers useful insights for investors. Reconciliations to GAAP measures are also included.

The information furnished under Item 2.02, including the press release and non-GAAP information, is being furnished and shall not be deemed 'filed' for purposes of Section 18 of the Securities Exchange Act of 1934.