IBM Revenue Falls Short With Weaker Euro, Hardware Sales

Lock
This article is for subscribers only.

International Business Machines Corp., the biggest computer-services company, fell as much as 3.8 percent in extended trading after reporting third-quarter revenue that fell short of estimates as clients delayed orders.

The shares dropped 3.5 percent to $203.72 at 6:48 p.m. in New York after trading as low as $203. The stock, which rose 1 percent to $211 at the close, has gained 15 percent this year.