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 shares rise 9% on earnings beat
IBM reported fourth-quarter earnings on Wednesday that topped Wall Street expectations for earnings and revenue. The shares rose in extended trading. It's the largest rise in IBM's stock price since March 2020.
IBM Stock Rises on AI Demand, Earnings Boost
Adjusted per-share earnings came ahead of Wall Street estimates.
IBM beats profit estimates as software business surges on AI shift
IBM surpassed analysts' estimates for fourth-quarter profit on Wednesday, driven by demand in its high-margin software unit as businesses ramped up IT spending. The company's software segment recorded its biggest revenue jump in five years,
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 $3.92 per share, adjusted, versus the analyst expectations, which expected $3.75 per share. Meanwhile, revenue at the company came out to $17.55 billion for Q4 2024, which was just a hair above the $17.54 billion expected.
IBM Earnings: Shares Soar 8% after Strong EPS Beat
Shares of tech company International Business Machines (IBM) soared in after-hours trading after it reported earnings for its fourth quarter of
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 forecast, sending shares up nearly 9% in after-hours trading. Revenue rose 2% on a constant currency bases,
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 Earnings Beat With 2025 Revenue Outlook Above Views. Shares Pop.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 revenue guidance came in above expectations.
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Amid threats of DeepSeek disruption, IBM sees benefits from more efficient AI and deregulation
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IBM registra un fuerte crecimiento de las ventas y un aumento en las reservas de IA
International Business Machines Corp. informó ventas y ganancia trimestrales mejores que lo previsto, así como un aumento de ...
New Sell Rating for International Business Machines (IBM), the Technology Giant
In a report released today, David Vogt from UBS maintained a Sell rating on International Business Machines (IBM – Research Report), with a ...
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 coming from Software, and the remaining from Consulting.
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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 ...