2 hours ago
IBM (IBM) Stock: Surges 3.94% as Q3 Revenue Hits $17.1 Billion and Profits Jump 26%
TLDR IBM shares surged 3.94% to $251.46 after strong third-quarter earnings data. IBM’s revenue reached $17.1 billion as software sales jumped 8% year over year. IBM’s net income rose 26% to $2.2 billion, while operating EPS climbed 11%. Free cash flow hit $3.0 billion, up $700 million from the year-ago quarter. IBM raised its full-year [...]
The post IBM (IBM) Stock: Surges 3.94% as Q3 Revenue Hits $17.1 Billion and Profits Jump 26% appeared first on Blockonomi.
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