IBM shares fell about 5% in premarket trading on Thursday, as reduced enterprise spending on non-GenAI projects pressured its consulting segment, clouding software unit strength.
IBM's AI advancements, including Granite 3.0 and Red Hat OpenShift AI, are pivotal for future growth, particularly in the consulting business. Despite current macroeconomic challenges, I expect IBM's
IBM (IBM) shares are under pressure after the company's third quarter revenue fell short of analyst expectations. Argus Research director of research Jim Kelleher joins Julie Hyman and Josh Lipton to
International Business Machines Corporation (NYSE:IBM ) Q3 2024 Earnings Conference Call October 23, 2024 5:00 PM ET Company Participants Olympia McNerney - Global Head of IR Arvind Krishna - Chairman

Markets Up from Session Lows, Still Close in Red

07:31pm, Wednesday, 23'rd Oct 2024
After the close, Tesla (TSLA), ServiceNow (NOW) and IBM (IBM) beat on earnings, while Las Vegas Sands (LVS) missed.
Although the revenue and EPS for IBM (IBM) give a sense of how its business performed in the quarter ended September 2024, it might be worth considering how some key metrics compare with Wall Street e

IBM (IBM) Tops Q3 Earnings Estimates

06:16pm, Wednesday, 23'rd Oct 2024
IBM (IBM) came out with quarterly earnings of $2.30 per share, beating the Zacks Consensus Estimate of $2.27 per share. This compares to earnings of $2.20 per share a year ago.
IBM's stock is falling despite a profit beat for the third quarter, as consulting revenue came in flat and infrastructure revenue declined.
Amit Daryanani, Evercore ISI Senior Managing Director, joins 'Closing Bell Overtime' to talk IBM earnings.
Tesla's profit surge and IBM's AI push drive tech growth, while Mattel struggles with weak toy demand ahead of the holidays. Read our full earnings breakdown.

EARNINGS ALERT: IBM, NOW

04:51pm, Wednesday, 23'rd Oct 2024
George Tsilis provides instant analysis of IBM (IBM) and Servicenow (NOW) earnings, and what it might spell out for the tech sector moving into the middle of this earnings season. ======== Schwab Netw
International Business Machines Corp (NYSE:IBM) reported a mixed bag for its third-quarter earnings on Tuesday, with a notable performance from its software segment but disappointing results from its
IBM's software business outperformed thanks to acceleration in the Red Hat business. But the consulting and infrastructure units came up short on revenue.
International Business Machines beat analysts' estimates for third-quarter profit on Wednesday, helped by robust growth in its high-margin software segment as businesses prioritized spending on its IT

IBM RELEASES THIRD-QUARTER RESULTS

04:08pm, Wednesday, 23'rd Oct 2024
Accelerated Software revenue growth, expanded gross profit margin, and strong free cash flow ARMONK, N.Y. , Oct. 23, 2024 /PRNewswire/ -- IBM (NYSE: IBM) today announced third-quarter 2024 earnings re
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