IBM Q2 Is 'Good', But Questions Remain

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About: International Business Machines Corporation (IBM)
by: Zen Analyst
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Summary

IBM reported better than expected Q2 2018 earnings on 7/18, after the close.

Q2 posted the first operating income beat in 7 quarters, but earnings quality remains a concern.

Cognitive Solutions' decline also raises a red flag.

IBM (IBM) reported better than expected Q2 2018 earnings on 7/18, after the close, and the stock was rewarded with a 3.3% appreciation the next trading day. This article analyzes quarterly financial metrics