IBM's first-quarter revenue was US$15.92 billion, a year-on-year increase of 9.5%

On April 23, IBM's first-quarter revenue was US$15.92 billion, a year-on-year increase of 9.5%, and analysts expected US$15.67 billion. Operating earnings per share (EPS) for the first quarter were $1.91, compared with $1.60 a year earlier, and analysts expected $1.81. Free cash flow (FCF) in the first quarter was US$2.22 billion, a year-on-year increase of 13%, and analysts expected US$2.17 billion. (East News Agency)