Summary
International Business Machines Corp. (IBM) has filed a Form 8-K on January 29, 2025, to report its financial results for the period ended December 31, 2024. The filing primarily directs investors to an accompanying earnings release (Exhibit 99.1) which contains both Generally Accepted Accounting Principles (GAAP) and non-GAAP financial measures. Management believes these non-GAAP measures offer valuable insights into the company's performance. Investors should refer to Exhibit 99.1 for detailed financial figures and operational performance for the latest fiscal period. The company also provides supplemental information on its rationale for using non-GAAP metrics in Exhibit 99.2. While this information is furnished, it is not deemed "filed" for the purpose of Section 18 of the Securities Exchange Act of 1934. IBM also continues to direct investors to its investor relations website for ongoing updates and information.
Key Highlights
- 1IBM released its financial results for the period ending December 31, 2024, via an 8-K filing on January 29, 2025.
- 2The core financial details and performance metrics are contained within the earnings release, Exhibit 99.1.
- 3The filing includes both GAAP and non-GAAP financial information, with non-GAAP metrics highlighted for their perceived investor value.
- 4Exhibit 99.2 provides the company's justification for the use of non-GAAP financial measures.
- 5Information furnished in this 8-K is not considered 'filed' for regulatory purposes under Section 18 of the Exchange Act.
- 6IBM encourages investors to monitor its investor relations website for continuous updates and additional financial information.