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IBM CEO Arvind Krishna speaks at a panel session at the World Economic Forum in Davos, Switzerland, on Jan. 17, 2023.
Stefan Wermuth | Bloomberg | Getty Images
IBM reported quarterly revenue on Wednesday that topped analysts’ estimates, driven by higher-than-expected growth in the company’s software and infrastructure segments. Here’s how the company did:
- Earnings: $3.60 per share, adjusted, vs. $3.60 per share as expected by analysts, according to Refinitiv.
- Revenue: $16.69 billion, vs. $16.4 billion as expected by analysts, according to Refinitiv.
Analysts had expected IBM’s total revenue to decline for the first time in two years, but it ended up being flat, according to a statement. Net…
Source cnbc.com
