EPS: $1.68 vs $1.59 estimateRevenues: $14.46 billion vs $14.52 billion estimateIBM confirmed that they entered an agreement to acquire HashiCOrp for $35 per share or $6.4 billion
Shares of IBM are trading down $7.10 or -3.86% as markets react to the acquisition.
This article was written by Greg Michalowski at www.forexlive.com.