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's third quarter went some way towards answering whether the deal slippage that hit its second quarter reflected weaker demand or delayed timing. Revenue rose 5% year on year, or 6% at constant...
IBM exceeded Wall Street’s earnings expectations for the third quarter on Wednesday, October 21, thanks to the company’s $7.8 billion software unit, which saw revenues rise 5 percent to $17.1...
Its closely-watched software unit grows 8.3% to US$7.8 billion, ahead of Wall Street expectations Read more at The Business Times.
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 stock jumped after the tech giant company reported third-quarter results that beat Wall Street expectations.
Mainframe sales are still heading in the wrong direction, but software and Power servers are trending up.
IBM finance chief James Kavanaugh on Wednesday said delayed software deals that rattled investors in the last quarter were beginning to close, as the company lifted its forecast for the business...
IBM (NYSE: IBM) today announced third-quarter 2026 earnings results.Arvind Krishna, IBM chairman, president and chief executive officer"Disciplined execution throughout the quarter drove...
IBM stock has yet to recover from its record-setting crash in July but will have a chance to win back Wall Street with Q3 resultrs.
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