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IBM (IBM) Q2 revenue increased by 1.1% year-over-year to $17.16 billion, facing a securities fraud investigation, with its stock price down over 20% year-to-date.
IBM announced Q2 2026 operating EPS of $2.93, missing the expected $2.97. Revenue grew 1.1% year-over-year to $17.16 billion, with infrastructure business declining by 7.4%. The company is facing a securities fraud investigation related to pipeline disclosures and has lowered its full-year revenue guidance to 4%-5% (at constant currency). IBM will pay a quarterly dividend of $1.69 per share on September 10, marking its 31st consecutive year of dividend increases. Year-to-date, IBM's stock price has fallen by 20.29%, and by 2.5% over the past year, currently trading at $230.75.
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