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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 ...
IBM reported revenue rose 4% last quarter, driven in part by demand for its AI products and services as well as its hybrid cloud.The computing giant also said free cash flow will improve this year.
Those quarterly checks paid $0.0625 per split-adjusted share 30 years ago. Today, the quarterly payout is $1.67 per share, or $6.68 per year. That's a 2,572% increase in three decades. IBM ...
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 ...
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 ...
December 2004 – Acquisition of the IBM PC business by Lenovo: Lenovo acquires 90% interest in IBM Personal Systems Group, 10,000 employees and $9 billion in revenue. April 3, 2006 – Web analytics provider Coremetrics acquires SurfAid Analytics, a standalone division of IBM Global Services.
IBM snaps out of its revenue doldrums, breaking a five-quarter losing streak in Q4. Its most recent quarterly report proved much better, with the company reporting Cloud and Cognitive Services ...
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 ...