ibm earnings

IBM beats revenue expectations; Red Hat sales surge 17%

Posted by Jason Parker | Jul 18, 2022

IBM beat quarterly estimates for revenue, and reported a strong cash position – but the company’s stock is slipping in aftermarket trading. Why?

Inside IBM earnings: Big Blue’s tech services group still struggles, but consulting services expands

Posted by WRAL TechWire | Jan 19, 2018

IBM’s services groups continue to struggle to produce revenue growth for a variety of reasons, says Technology Business Research.

IBM stock tumbles 3% despite positive earnings report after 2018 forecast

Posted by WRAL TechWire | Jan 18, 2018

Shares in tech giant IBM tumbled 4.4 percent in after-hours trading Thursday despite an earnings report that topped expectations. Shares later rallied to cut losses to 3 percent as some investors were disappointed by Big Blue’s 2018 profit forecast.