International Business Machines Corp (NYSE:IBM)
$ 166.27 -1.96 (-1.17%) Market Cap: 152.74 Bil Enterprise Value: 199.83 Bil PE Ratio: 18.83 PB Ratio: 6.57 GF Score: 75/100

Q3 2020 International Business Machines Corp Earnings Call Transcript

Oct 19, 2020 / 09:00PM GMT
Release Date Price: $119.89 (-0.33%)
Operator

Welcome, and thank you for standing by. (Operator Instructions) Today's conference is being recorded. (Operator Instructions) Now I will turn the meeting over to Ms. Patricia Murphy with IBM. Ma'am, you may begin.

Patricia Murphy
International Business Machines Corporation - VP of IR

Thank you. This is Patricia Murphy, and I want to welcome you to IBM's Third 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

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