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IBM beats profit estimates
IBM beats profit estimates as software business surges, shares rise
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending, sending its shares soaring about 10% in extended trading.
IBM shares rise 9% on earnings beat
In a statement, IBM CEO Arvind Krishna said the company has recorded $5 billion in bookings for its generative AI business.
IBM profits beat expectations, and stock rallies
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
8h
on MSN
IBM registra un fuerte crecimiento de las ventas y un aumento en las reservas de IA
International Business Machines Corp. informó ventas y ganancia trimestrales mejores que lo previsto, así como un aumento de ...
CRN
5h
IBM CEO: GenAI With Consulting Driving Future Growth
Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going ...
8h
IBM Shares Jump on Strong Sales Outlook, AI Bookings
International Business Machines Corp. gained in extended trading after projecting strong revenue growth in the new fiscal ...
8h
IBM reports Q4 adjusted EPS $3.92, consensus $3.78
Reports Q4 revenue $17.6B, consensus $17.54B. “We closed the year with double-digit revenue growth in Software for the quarter, led by further ...
CRN
2d
IBM Q4 2024 Earnings: 5 Things To Know
AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.
Network World
1d
IBM targets mainframe customers with prebuilt AI training modules
IBM Synthetic Data Sets are designed to help with training or fine-tuning AI models quickly on IBM Z and LinuxONE mainframes.
11h
Here’s what Wall Street is saying about IBM ahead of earnings
IBM (IBM) is scheduled to report results of its fiscal fourth quarter after the market close on January 29, with a conference call scheduled ...
8h
on MSN
Continued AI Demand Drives IBM’s Revenue Higher
IBM logged higher revenue in the fourth quarter, driven by its artificial-intelligence strategy. Adjusted per-share earnings ...
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