24 January IBM published a report for the fourth quarter of 2021. The result was better than expected, and shares in the postmarket rose by 2,5%, from 129 to 132 $. Financial results Here's how IBM's figures changed compared to the fourth quarter of 2020 and here's what analysts expected: total revenue — 16.7 billion (+6,5%), expectations - $16 billion; adjusted earnings per share — 3,35 (+78%), expectations - 3,3 $. IBM's revenue grew by the most in recent 10 years. The last time sales grew stronger was in the third quarter of 2011, 7,8%. In part, the company showed such dynamics due to the spin-off of Kyndryl. This division, which helps businesses set up their IT infrastructure. IBM unhooked stagnating Kyndryl in November 2021. Companies now operate independently, and part of IBM's revenue comes from sales to former colleagues. After the separation, IBM decided to focus the forces and attention of investors on the promotion of a hybrid cloud. It's a cloud infrastructure, which runs on local servers of client companies and servers of IBM itself. Here's how the company's revenue grew in its main operating segments. Software - hybrid cloud software for business process automation, data and transaction processing - $7.3 billion (+8,2%). Consulting - consulting on setting up a hybrid cloud and IBM applications - $4.7 billion (+13,1%). Infrastructure - Equipment, operating systems and software - $4.4 billion (+0,2%). In total, IBM earned $6.2 billion from hybrid cloud in the fourth quarter, or 37% of total revenue. Compared to the fourth quarter of 2020, sales of cloud services grew by 16%. According to IBM, at the end of 2022, total revenue will grow by “several percent”. Долг и дивиденды В 2021 году IBM частично уменьшила свой немаленький долг с 61,5 до 51,7 млрд долларов. Mainly through cash, объем которых …
IBM's quarterly revenue added 6,5% is the maximum growth 10 years Read more