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International Business Machines Corporation (NYSE:IBM) Q3 2023 Earnings Call Transcript October 25, 2023 International Business Machines Corporation beats earnings expectations. Reported EPS is $2.2, expectations were $2.12. Operator: Welcome, and thank you for standing by. At this time, all participants are in a listen-only mode. Today’s conference is being recorded. If you have any objections, […]

IBM RELEASES THIRD-QUARTER RESULTS Revenue growth led by Software and Consulting; Strong profit and cash generationARMONK, N.Y.,...

IBM earnings call for the period ending September 30, 2023.

IBM (NYSE: IBM) recently announced mixed results for its second-quarter. The company continues to grow through acquisitions and recently bought Apptio, a Unicorn player whose founder I had spoken with a few years ago. IBM's Financials Revenues for the second quarter grew 0.4% to $15.48 billion, falling short of the Street's estimates of $15.58 billion. Adjusted earnings of $2.18 a share was ahead of the $2.01 that the market had estimated. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 8% to $6.6 billion. Revenue from ...

IBM has reported 0.4 percent drop in revenue to $15.5 billion with net profit of $1.6 billion (+8 percent) during the second quarter of 2023.