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IBM Reports Strong Q3 with 5% Sales Growth and Positive Outlook on Infrastructure Deals

IBM Reports Strong Q3 with 5% Sales Growth and Positive Outlook on Infrastructure Deals

IBM Q3 results: Tech behemoth records 5% sales growth, raises annual software revenue outlook
IBM Q3 results: Tech behemoth records 5% sales growth, raises annual software revenue outlook

IBM reported quarterly sales of $17.1 billion, beating analyst expectations as deferred infrastructure contracts recovered and software revenue grew to $7.8 billion.

IBM Posts 5% Sales Growth, Says Infrastructure Deals Came Back
IBM Posts 5% Sales Growth, Says Infrastructure Deals Came Back

International Business Machines Corp. reported sales that topped analysts’ estimates, saying it had recovered most of the infrastructure deals that were delayed earlier this year.

IBM posts 5% sales growth that tops estimates, says infrastructure deals came back
IBM posts 5% sales growth that tops estimates, says infrastructure deals came back

Its closely-watched software unit grows 8.3% to US$7.8 billion, ahead of Wall Street expectations Read more at The Business Times.

IBM Stock Jumps After Q3 Earnings And Revenue Beat Expectations
IBM Stock Jumps After Q3 Earnings And Revenue Beat Expectations

IBM stock jumped after the tech giant company reported third-quarter results that beat Wall Street expectations.

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