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International Business Machines Corp (IBM) Q1 2020 Earnings Call Transcript – Motley Fool

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International Business Machines Corp (NYSE:IBM)
Q1 2020 Earnings Call
Apr 20, 2020, 5:00 p.m. ET

Contents:

  • Prepared Remarks
  • Questions and Answers
  • Call Participants

Prepared Remarks:

Operator

Welcome and thank you for standing by. [Operator Instructions] If you have any objections, you may disconnect at this time.

Now, I will turn the meeting over to Ms. Patricia Murphy with IBM. Ma’am, you may begin.

Patricia MurphyVice President, Investor Relations

Thank you. This is Patricia Murphy, Vice President of Investor Relations for IBM. And I want to welcome you to our first quarter 2020 earnings presentation. I’m here with Arvind Krishna, IBM’s Chief Executive Officer; and Jim Kavanaugh, IBM’s Senior Vice President and Chief Financial Officer. We’ll post today’s prepared remarks on the IBM Investor website within a couple of hours and a replay will be available by this time tomorrow. Some comments made in this presentation may be considered forward-looking under the Private Securities Litigation Reform Act of 1995. These statements involve factors that could cause our actual results to differ materially. Additional information about these factors is included in the company’s SEC filings.

Our presentation also includes non-GAAP measures to provide additional information to investors. For example, we present revenue growth at constant currency throughout the presentation. In addition to provide a view consistent with our go-forward business, we’ll focus on constant currency growth adjusting for the divested businesses for the impacted lines of total revenue, cloud and our geographic performance. We
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