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Image source: The Motley Fool. International Business Machines (NYSE: IBM) Q2 2024 Earnings Call Jul 24, 2024, 5:00 p.m. ET. Contents: Prepared Remarks. Questions and Answers. Call Participants
IBM earnings per share of $3.87 beat the $3.76 average of Wall Street estimates, and revenue of $17.4 billion topped the $17.29 billion forecast for the fourth quarter.
IBM's robust Q2 results drove the stock higher, nearly reaching new all-time highs. Big Blue hasn't ventured anywhere near that milestone since 2013. Why IBM Stock Popped After Tuesday's AI-Themed ...
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IBM ranked No. 38 on the 2020 Fortune 500 rankings of the largest United States corporations by total revenue. [117] In 2014, IBM was accused of using "financial engineering" to hit its quarterly earnings targets rather than investing for the longer term. [118] [119] [120] The key trends of IBM are (as at the financial year ending December 31 ...
IBM's second-quarter results reflect solid growth in Cloud revenues driven by synergies from Red Hat acquisition. Also, robust adoption of z15 mainframe remained noteworthy. IBM's Q2 Earnings and ...
International Business Machines (IBM) Q3 results reflect steady adoption of the company's hybrid cloud business.
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