Ibm Quarterly Results Top Estimates

International Business Machines Corp on Wednesday reported second-quarter profit and revenue that topped analysts' expectations as it benefited from growth in higher-margin businesses including cybersecurity and cloud computing.

BING NEWS:
  • IBM Stock Drops After Confirming $6.4B HashiCorp Acquisition, Posting Q1 Revenue Miss
    IBM shares dropped more than 8% in extended trading Wednesday after the computing and consultancy giant confirmed plans to acquire HashiCorp for $6.4 billion and reported quarterly revenue below Wall Street expectations.
    04/24/2024 - 2:41 pm | View Link
  • IBM to buy HashiCorp in $6.4 billion deal to expand in cloud
    International Business Machines will buy HashiCorp in a deal valued at $6.4 billion, the company said on Wednesday, expanding its cloud-based software products to tap into an AI-powered boom in demand.
    04/24/2024 - 10:39 am | View Link
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