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Top Wall Street Forecasters Revamp IBM Expectations Ahead Of Q1 Earnings - IBM (NYSE:IBM)

  • IBM released its first-quarter earnings results on Wednesday.
  • Analysts had projected lower earnings per share compared to last year.
  • IBM reported adjusted earnings of $1.60 per share.
  • Revenue increased 0.6% to $14.54 billion, exceeding expectations.
  • Following the report, IBM shares rose in extended trading.
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IBM RELEASES FIRST-QUARTER RESULTS

Results exceed expectations driven by strong Software revenue growth, significant gross margin expansion and solid free cash flow

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65% Center
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Benzinga broke the news in New York, United States on Wednesday, April 23, 2025.
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