IBM gained 1.591 million between January and March 2019, 5.5% less

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IBM gained 1.591 million between January and March 2019, 5.5% less Stock Photography dated on March 5, 2013 and facilitated on January 21, 2015, which shows a logo of the American computer group IBM in Hannover, Germany. EFE / Archive

 The technological IBM announced today that between January and March 2019 obtained a profit of 1.591 million dollars, which is 5.5% less than in the same period of the previous year, depleted by a downward income in its section of global technology services.

During the past three months, the firm based in Armonk (New York), entered 18,182 million, a figure 900 million below that of 2018, when it billed 19,072 million, while investors received a profit per share of 1.78 dollars, more than the 1.81 of the previous year.

Ginni Rometty’s gross operating profit for the past three months was 8,043 million dollars, down from 8,247 million dollars in the same period of 2018, while the company has increased its long-term debt to the 39,727 million dollars with respect to the 35,605 million dollars with which it closed 2018.

Global technology services continue to be the company’s main source of revenue (6.875 billion dollars in the first three months of 2019), although these suffered a year-on-year drop of almost 8%, while the cloud, its second largest unit billing, 1.5% was left until the 5,037 million dollars.

The global business services, on the other hand, remained practically the same and invoiced 4.119 million dollars between January and March (4 million more than at the beginning of 2018), while the systems department lowered its revenues of 1.5 billion dollars. from the previous year to 1,328 million.

The poor results presented by the technology firm affected the mood of investors on Wall Street, and their shares were left at 2.99% to 140.8 dollars per share in electronic transactions after the closure of the New York switchboards. (EFEUSA ) .-

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