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INTL BUSINESS MACHINES CORP (IBM) Q1 2019 Earnings Call Transcript


Added 04-16-19 10:04:02pm EST - “IBM earnings call for the period ending March 31, 2019.” - Foxbusiness.com

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Posted By TheNewsCommenter: From Foxbusiness.com: “INTL BUSINESS MACHINES CORP (IBM) Q1 2019 Earnings Call Transcript”. Below is an excerpt from the article.

Welcome and thank you for standing by. At this time, all participants are in a listen-only mode. Today's conference is being recorded. If you have any objections you may disconnect at this time.

Thank you. This is Patricia Murphy, Vice President of Investor Relations for IBM. And I want to welcome you to our First Quarter 2019 Earnings Presentation. I'm here with 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. Those 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. We've provided reconciliation charts at the end of the presentation and in the 8-K submitted to the SEC.

Before turning the call over to Jim, I want to remind you we recently made changes to our management system and our organizational structure. Our segment reporting for 2019 has been updated to reflect this business structure. We provided two years of historical financial information by quarter on these segments a couple of weeks ago. And this can be found on our Investor website. And today we'll be discussing our first quarter results in this new segment structure.

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