International Business Machines 8-K 2015
Documents found in this filing:
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
CURRENT REPORT PURSUANT TO SECTION 13 OR 15 (d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report: February 26, 2015
(Date of earliest event reported)
INTERNATIONAL BUSINESS MACHINES CORPORATION
(Exact name of registrant as specified in its charter)
(Registrants telephone number)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
o Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
o Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
o Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
o Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))
Item 7.01 (Regulation FD Disclosure)
Attachment I contains presentation materials for IBMs Investor Briefing on February 26, 2015. Attachment II (Non-GAAP Supplementary Materials) contains supplementary materials about non-GAAP financial measures in certain presentation materials for this event.
As part of the Investor Briefing, IBMs senior executives are prepared to provide the following information, which is hereby filed:
· The company continues to expect to deliver $15.75 to $16.50 of operating earnings per share in 2015 ($14.35 to $15.10 from continuing operations on a GAAP basis), as well as free cash flow consistent with 2014 levels.
· Based on February 25, 2015 spot rates, the company expects currency to impact revenue growth by over 7 points for the first quarter of 2015, and over 6 points for the full year. This is greater than the impact previously provided based on January 16 spot rates. In addition, the company continues to expect a 4 point impact to revenue growth in each of the first three quarters of 2015 due to the divestiture of the System x business.
These materials may contain forward-looking statements under the Private Securities Litigation Reform Act of 1995, which statements involve numerous factors that could cause actual results to differ materially. Additional information about those factors is contained in IBMs filings with the SEC, available from the SEC, IBMs web site or IBMs Investor Relations.
IBMs web site (www.ibm.com) contains a significant amount of information about IBM, including financial and other information for investors (www.ibm.com/investor/). IBM encourages investors to visit its various web sites from time to time, as information is updated and new information is posted.
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, hereunto duly authorized.