IBM Reports Disappointing Preliminary Q2 Results, Stock Plummets

International Business Machines (IBM) reported preliminary second-quarter results below market expectations, leading to a significant drop in its stock price. Revenue and earnings per share fell short of forecasts due to underperformance in hardware segments like the z17 mainframe lineup.

By Wajeeh Khan Tue, July 14, 2026 at 9:52 PM GMT+3 2 min read · Yahoo Finance ·

IBM Reports Disappointing Preliminary Q2 Results, Stock Plummets

Tickers: $IBM

Topics: IBM mainframe underperformance Q2 earnings miss stock crash

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