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International Business Machines Corporation (NYSE:IBM) Q1 2024 Earnings Call Transcript April 24, 2024 International Business Machines Corporation beats earnings expectations. Reported EPS is $1.68, expectations were $1.59. International Business Machines Corporation isn’t one of the 30 most popular stocks among hedge funds at the end of the third quarter (see the details here). Operator: Welcome […]

IBM misses on revenues but foresees rapid growth from HashiCorp purchase - SiliconANGLE

 IBM RELEASES FIRST-QUARTER RESULTS  Accelerated Software revenue growt...

International Business Machines Corporation Share Price Target '$160.03', now -16.0% Downside Potential

IBM (NYSE: IBM) recently announced strong results for its fourth-quarter that sent the stock climbing 7% in the after-hours trading session. IBM's Financials Revenues for the quarter grew 4% to $17.4 billion, surpassing Street's estimates of $17.3 billion. Adjusted earnings of $3.87 per share were significantly ahead of the analyst estimates of $3.79. By segment, revenues from Software that includes Hybrid Platform & Solutions and Transaction Processing grew 3% to $7.5 billion, falling short of the market's forecast of $7.67 billion. Revenue from Consulting including Busin...