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IBM beats profit estimates
IBM beats profit estimates as AI shift boosts software performance, shares surge
IBM surpassed fourth-quarter profit estimates on Wednesday, driven by robust demand in its software unit as businesses ramped up IT spending, sending the company's shares soaring about 10% in extended trading.
IBM profits beat expectations, and stock rallies
Shares of International Business Machines Inc. rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that beat expectations.
IBM Stock Rises on Earnings Beat. CEO Says AI Is Helping.
For the December quarter, the technology company reported earnings of $3.92 a share versus the consensus estimate of $3.78 a share.
7h
on MSN
Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
IBM shares rallied after hours on Wednesday after the tech-infrastructure provider reported a quarterly per-share profit that ...
2h
IBM Beats Q4 Estimates, Bets Big On AI With $2 Billion Generative AI Business
IBM delivered better-than-expected fourth-quarter results and unveiled its big bets on artificial intelligence strategies and ...
7h
on MSN
IBM Stock Rises on AI Demand, Earnings Boost
Adjusted per-share earnings came ahead of Wall Street estimates.
CRN
7h
IBM CEO: GenAI With Consulting Driving Future Growth
Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going ...
7h
IBM stock soars on strong profit and bullish 2025 forecast
IBM Corp. met analysts’ revenue estimates in the fourth quarter, but investors chose to focus on profit and a strong 2025 ...
1h
IBM's upbeat 2025 revenue, free cash flow forecast sends stock soaring on Wall Street
IBM added that the company continues to 'gain momentum' in the generative AI business, with one-fifth of the AI business ...
CRN
2d
IBM Q4 2024 Earnings: 5 Things To Know
AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.
Shacknews
8h
IBM Q4 2024 earnings results beat EPS expectations
IBM reported its Q4 2024 earnings results via its investor relations website this week. For EPS, IBM put up a final tally of ...
6d
IBM and e& partner on AI governance platform
The tie-up seeks to bolster United Arab Emirates-based e&'s AI governance framework, promoting oversight and ethical ...
1d
on MSN
IBM Q4 Earnings Ahead: AI momentum and Red Hat business in focus
Multinational technology company, International Business Machines (NYSE:IBM) is scheduled to report its fourth quarter ...
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