FinanceReutersabout 1 hour ago
IBM Raises Software Revenue Outlook
2 min read
IBM lifts its annual software revenue growth forecast to 7% to 8% as delayed transactions convert. Third-quarter revenue climbs 4.7% to $17.10 billion, beating the $16.82 billion estimate, while adjusted profit reaches $2.95 per share. Hybrid cloud sales grow 11% and transaction processing software rebounds 9%.
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