KEY TAKEAWAYS IBM shares are jumping nearly 8% in premarket trading Thursday, a day after the company posted results that ...
IBM shares soared Thursday after the computing giant posted better-than-expected fourth-quarter earnings, boosted by the ...
IBM added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business ...
IBM reported better-than-expected fourth-quarter earnings and revenue, surpassing Wall Street’s earnings per share estimate.
That said, IBM sees revenue growing around 5% this year, without taking accounting for the impact of a stronger U.S. dollar.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 free cash flow guidance came in above ...
IBM's recent earnings report showed that institutional investors benefited the most from its strong Q4 results.
"When you see more growth come from software, that comes with a lot better margins," said Matt Swanson, analyst at RBC ...
IBM's Software segment showed a robust performance this quarter, with revenue growing by 10.4% year over year to $7.9 billion. This was driven by Red Hat's 16% growth and a 15% increase in Automation.
IBM reported a 1% rise in revenues overall, while its software unit grew 10% on a year-over-year basis amid growing demand for artificial intelligence and its operating system known as Red Hat Linux.
IBM stock has risen by 22 percent over the past year, with shares rising by nine percent on the morning following the ...