RESEARCH TRIANGLE PARK – IBM’s fourth-quarter, Street-beating financial performance led by a surge in revenue from Raleigh-based Red Hat triggered a wave of positive reaction across the media on Monday evening.

Here’s a snapshot of headlines reporting what for Big Blue (NYSE: IBM) was welcome news as the restructuring and turnaround efforts led by Chair and CEO Arvind Krishna, seems to be delviering results:

  • This is the start of new IBM as the IT giant post best sales growth in 10 years

Read more at:

https://www.livemint.com/companies/news/this-is-start-of-new-ibm-as-the-it-giant-posts-best-sales-growth-in-10-years-11643102358033.html

  • IBM ‘A Different Company’ Post-Kyndryl, With Bets On Red Hat, Automation, Consulting

Read more at:

https://www.crn.com/news/cloud/ibm-a-different-company-post-kyndryl-with-bets-on-red-hat-automation-consulting

  • IBM Sales Surge. The Company’s Turnaround May Be Taking Hold

Read more at:

https://www.barrons.com/articles/ibm-earnings-stock-price-51643058417

  • IBM marks strong start to new chapter as cloud revenue booms

Read more at:

https://www.theglobeandmail.com/business/international-business/article-ibm-marks-strong-start-to-new-chapter-as-cloud-revenue-booms/

  • IBM stock pops, then fizzles after executives decline to provide earnings forecast

Read more at:

https://www.marketwatch.com/story/ibm-stock-rallies-as-results-top-street-view-amid-kyndryl-spinoff-mid-quarter-11643059127

IBM shares jump on 6.5% revenue increase; Red Hat sales climb 19%