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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 ...
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InvestorsHub on MSNIBM Shares Fall Over 5% as Software Segment Struggles Despite AI Mainframe Gains
Shares of IBM (NYSE:IBM) dropped more than 5% in premarket trading on Thursday after weaker software sales overshadowed the ...
IBM shares sank Thursday, as slightly weaker-than-expected software revenue growth is weighing on a second-quarter earnings ...
IBM Corp. beat expectations on second-quarter earnings and revenue today, aided by strong sales of new mainframe hardware ...
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.
Employees in IBM’s software division have become the latest tech workers to face a return-to-office mandate, in this case requiring them to be in the office for a minimum of three days a week ...
Software sales grew 9% to $6.33 billion, driven by 15% growth in automation solutions and 13% growth in hybrid cloud solutions. Data solutions sales grew 7% while transaction processing sales grew 2%.
AI and hybrid cloud combined to give IBM solid growth in revenue and earnings during its second fiscal quarter 2025.
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