• IBM gets boost from new businesses, tops estimates

    3 monthes ago - By Reuters

    International Business Machines Corp on Wednesday reported second-quarter profit and revenue that topped analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.
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  • IBM quarterly revenue tops estimates

    3 monthes ago - By Reuters

    International Business Machines Corp on Wednesday reported second-quarter revenue that beat analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.
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  • Investors remain indifferent as IBM beats Wall Street expectations on earnings, marking the third straight quarter of growth after years of decline

    Investors remain indifferent as IBM beats Wall Street expectations on earnings, marking the third straight quarter of growth after years of decline

    3 monthes ago - By Business Insider

    Investors remained unmoved Wednesday after IBM reported a beat on earnings, marking its third quarter of growth after years of decline.
    IBM traded up less than 1% following its second quarter earnings, which beat Wall Street's expectations on both revenues and earnings per share.
    Here's what the company reported:
    Revenues for the quarter were $20 billion, up 4% from the year before. Analysts expected $19.88 billion.
    Earnings per share for the quarter were $3.08. Analysts expected $3.04.
    Cloud revenue for the quarter was $4.7 billion. Over the past 12 months, cloud revenue grew 23% to a...
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