IBM beats with Q4 revenue of $22.5B, up 3.6% YoY, the first YoY rise in 23 quarters, vs. $22.1B expected; $1.1B loss from one-time $5.5B tax overhaul charge (Ted Greenwald/Wall Street Journal)

Ted Greenwald / Wall Street Journal:
IBM beats with Q4 revenue of $22.5B, up 3.6% YoY, the first YoY rise in 23 quarters, vs. $22.1B expected; $1.1B loss from one-time $5.5B tax overhaul charge  —  A $5.5 billion charge related to the new U.S. tax law pushes fourth-quarter results into the red

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