IBM beats on earnings and revenue, maintains full-year guidance
Publishing timestamp: 2025-04-23 20:09:18
Summary
IBM reported better-than-expected earnings and revenue for the first quarter, maintaining its full-year forecast despite economic uncertainties. The company's stock has been outperforming the tech sector, with a focus on hybrid cloud and AI driving growth. IBM is optimistic about long-term value creation and remains focused on cost savings and productivity gains for clients.
Sentiment: POSITIVE
Keywords: enterprise, international business machines corp, globalfoundries inc, oracle corp, breaking news: technology, business, breaking news: earnings, earnings, business news, technology,
Source: https://www.cnbc.com/2025/04/23/ibm-q1-earnings-report-2025.html