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IBM revenue falls for 15th straight quarter
2016-01-19 23:57:38| Semiconductors - Topix.net
International Business Machines Corp reported a 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Revenue dropped to $22.06 billion in the quarter ended Dec. 31, from $24.11 billion.
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IBM Revenue Falls for 15th Straight Quarter
2016-01-19 23:57:37| Semiconductors - Topix.net
International Business Machines Corp reported an 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Armonk, New York-based IBM's revenue fell to $22.06 billion, above analysts' average estimate of $22.02 billion, according to Thomson Reuters I/B/E/S.
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IBM revenue falls for 15th straight quarter
2016-01-19 23:28:11| Electronics - Topix.net
International Business Machines Corp reported a 8.5 percent fall in quarterly revenue as a strong dollar and tepid IT spending weighed on the Big Blue's results. Revenue dropped to $22.06 billion in the quarter ended Dec. 31, from $24.11 billion.
Tags: straight
falls
quarter
revenue
CSX revenue falls 13% as coal shipments fall
2016-01-13 02:40:36| Railroads - Topix.net
CSX Corp. said Tuesday that its fourth-quarter revenue fell by 13% as lower coal volumes, which has hurt the entire railroad sector, continued to weigh on the rail giant. The company managed to beat, however, Wall Street expectations for earnings, partly because of lower fuel costs and efficiency gains.
Earnings Watch: XPO Losses, Revenue Grow; USA Truck Profit Falls
2015-11-05 02:11:27| Trucking - Topix.net
XPO Logistics, which closed this week on its purchase of Con-Way Inc., reported more revenue but a bigger loss in its third-quarter earnings report, while the mainly truckload fleet USA Truck showed a smaller profit. XPO Logistics Inc. reported a net loss of $35.4 million for the quarter, compared with a net loss of $11.6 million for the same period in 2014.
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