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Anders Bylund, The Motley Fool. July 25, 2024 at 4:41 PM. IT veteran International Business Machines (NYSE: IBM) reported second-quarter results on Tuesday evening. Big Blue knocked this quarter ...
After years of being range-bound, IBM’s stock has broken out, rising about 24% over the past 12 months to an almost 10-year high. Click here for in-depth analysis of the latest stock market news ...
Despite the weakness in its consulting division, IBM's Q2 performance was strong enough to drive IBM's share price upward, and now it's not far from the 52-week high of $199.18 reached in March.
Big Blue reported $16.7 billion in revenue for the quarter, up 6.5% year over year (8.6% on a constant-currency basis; the strengthening dollar is making a number of companies deal with FX ...
With the company reporting earnings yesterday, the financial performance was pretty bleak, but at least Red Hat continues to grow at a brisk pace. Overall the company announced revenue of $17.62 ...
This morning IBM officially spun out its infrastructure services into a new business called Kyndryl, one that, by the way, has revenue of $19 billion out of the gate as a public company. Whatever ...
IBM stock is closing in on surpassing its all-time high, set about a decade ago. Since that time, the company has shed legacy businesses, bet on hybrid cloud computing and AI, and leaned out ...
Yahoo Finance indicates that the average analyst expectation for the company is that it will generate $60.69 billion worth of revenues this year or 5.8% more than the $57.35 billion it generated ...