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International Business Machines (IBM) Q3 results reflect steady adoption of the company's hybrid cloud business.
IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
On Monday, IBM reported third-quarter revenue and EPS that were in-line with Wall Street estimates, with $17.6 billion in revenue and $2.58 in EPS. Emily McCormick breaks down the company's ...
The company's overall third-quarter revenue grew just 1% from the prior year, dragged lower by ongoing weakness in the company's legacy infrastructure segment. Adjusted earnings per share (EPS ...
April 2012 – IBM sells its Retail Store Solutions division (Point-of-Sales) to Toshiba TEC [223] January 2014 – IBM sells its IBM System x business to Lenovo for $2.3 billion. [224] October 2014 – IBM sells its Microelectronics (semiconductor) branch to GlobalFoundries. IBM will pay GlobalFoundries $1.5 billion over 3 years to take over ...
Enter earnings. Big banks are set to kick off what Wall Street expects to be a subdued quarter for year-over-year earnings growth. Entering the reporting period, consensus projects earnings to ...
However, earnings during the quarter beat consensus estimates. The company reported revenues of $17.6 billion, missing analysts’ expectations of $17.77 billion. Adjusted earnings of $2.52 per ...
IBM earnings call for the period ending June 30, 2024. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 more ways to reach us. Sign in. Mail. 24/7 Help. For premium ...