AI momentum, Red Hat acceleration and HashiCorp updates are among the most likely topics on IBM 4Q 2024 earnings report.
International Business Machines ( IBM, Financial) shares jumped more than 13% on Thursday marking an All-time high of $260 after the company reported solid earnings for the fourth quarter of 2024.
While the hyperscalers and cloud builders provide the best indicator of what it takes to create state of the art GenAI models ...
IBM's Q4 report shows strong growth, driven by GenAI tailwinds, with AI bookings exceeding $5 billion. See why I reiterate my ...
As for why the share price rose, IBM reported revenue for Q4 of $17.55 billion, up from the estimated $17.45 billion, and adjusted earnings per share came in at $3.92 versus the consensus of $3.74.
IBM's Software segment showed a robust performance this quarter, with revenue growing by 10.4% year over year to $7.9 billion. This was driven by Red Hat's 16% growth and a 15% increase in Automation.
IBM (NYSE: IBM) stock has surged significantly in after-hours trading by 10% and 9% in pre-market trading. This is due to IBM reporting solid Q4 2024 results and bullish guidance for 2025. Here’s ...
Welcome and thank you for standing by. (Operator Instructions) Today's conference is being recorded. If you have any objections, you may disconnect at this time. Now I will turn the meeting over to ...
Arvind Krishna told financial analysts that IBM investments in AI and consulting will help drive the company’s business going forward.
IBM stock popped as Q4 earnings and revenue topped Wall Street estimates while 2025 free cash flow guidance came in above expectations.