IBM Q3 2024 Earnings Preview: 5 Things To Know
Bernstein expects IBM to reaffirm its expected revenue for the 2024 fiscal year and its free cash flow targets. The vendor has said to expect full-year revenue growth at the low end of mid-single digits, putting growth around 4 percent year over year, according to Bernstein.
International Business Machines is posting strong growth from its software segment, driving sharply higher profitability ...
IBM’s mainframe upgrade cycle drew to a juddering halt in the third quarter as sales of the z16, introduced in 2022, fell by ...
The Register on MSN1d
IBM's mainframe bubble bursts and growth stallsIBM's mainframe business is cyclical: buyers spend up big when new machines debut. The current generation of z16 generation ...
IBM's AI advancements and strong growth in software are key factors in projecting a fair value of $300 per share and a ...
18hon MSN
Even with today's pullback, IBM stock is up roughly 33% across 2024's trading and roughly 59% over the last year. The big gains appear to have primarily been driven by excitement surrounding the ...
IBM faces mixed earnings with strong software gains but consulting challenges. Is the stock losing steam at key resistance ...
Investor's Business Daily on MSN1d
IBM Stock Falls. Q3 Earnings Beat Expectations But Revenue Short Of Views.With a 70% rally over the past 12 months, IBM stock is trading at record levels ahead of an important Q3 report Wednesday.
International Business Machines reported mixed earnings for Q3 2024, with strong Software growth offset by Infrastructure ...
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