IBM beat Wall Street estimates for second-quarter revenue and profit on Wednesday, but lower-than-expected sales in its ...

Today's bear gap has IBM dropping to its lowest levels since mid-May, moving sharply away from its June 25 record high of ...

IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...

Shares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the ...

IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware ...

IBM gets lift from software, AI demand as consulting slips By Arsheeya Bajwa July 24, 20243:50 PM PDTUpdated July 24, 2024 ...

We also think IBM's AI-related software revenue, while still a minority of AI-specific revenue (with the majority being consulting bookings), should grow at a more accelerated rate over time.

First-quarter revenue reached $14.5 billion, up 2% in constant currency, with software growing 9% and now accounting for approximately 45% of total revenue. Red Hat remained a standout performer ...

AI and hybrid cloud combined to give IBM solid growth in revenue and earnings during its second fiscal quarter 2025.