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IBM’s revenue fell in the second quarter

The revenue of the US technology company IBM fell 0.4 percent in the second quarter of this year to $ 15.48 billion.

IBM announced its balance sheet for the April-June period.

Accordingly, the company’s revenue in the second quarter of this year decreased by 0.4 percent compared to the same period of the previous year and decreased to $ 15.48 billion. IBM had revenue of $15.54 billion in the second quarter of 2022.

The company’s net profit, on the other hand, increased by 13 percent in the second quarter of the year compared to the same period of the previous year, reaching 1.6 billion dollars. IBM’s net profit was calculated as $1.4 billion in the second quarter of last year.

Earnings per share, which was $1.53 in the second quarter of last year, was recorded as $1.72 in the second quarter of this year.

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