IBM shares drop as software revenue misses
Publishing timestamp: 2025-07-23 20:15:09
Summary
IBM reported stronger than expected results and raised its forecast for full-year free cash flow, but revenue and gross margin in the software business were below consensus. Despite outperforming the S&P 500, IBM shares fell after the earnings report. The company saw growth in various segments, including software and infrastructure, and remains optimistic about future growth and potential M&A opportunities.
Sentiment: MIXED
Tickers: IBM,
Keywords: breaking news: earnings, business, international business machines corp, technology, breaking news: technology, business news, enterprise, earnings,
Source: https://www.cnbc.com/2025/07/23/ibm-q2-earnings-report-2025.html