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Another Revenue Decline Expected for IBM. By Timothy Green – Updated Jan 20, 2020 at 12:06PM ... Cloud and cognitive software. $5.3 billion. 8%. Global business services. $4.1 billion. 2%.
International Business Machines ($IBM) is set to report its second-quarter earnings on July 23 after the market closes. Wall ...
International Business Machines (IBM) experienced a notable decline in its stock price, dropping by 8.78% over the past week. This downturn came despite a strong second-quarter earnings report that ...
IBM ( IBM) is down 7.6% today despite reporting some solid headline numbers. Revenue of $16.98 billion beat the $16.59 ...
IBM Corp missed Wall Street estimates for quarterly revenue on Thursday, hurt by a rare sales decline in its software unit as clients shied away from longer-term deals due to pandemic-induced ...
International Business Machines Corp. reveals Monday that revenue returns to a decline in the first quarter amid the spread of COVID-19, even as Red Hat sales boost its cloud business, and said it ...
IBM's revenue declined in 2019. It marked the sixth time in the last eight years Big Blue posted a year-over-year decrease. ... IBM's Cloud & Cognitive Software segment was up by 9% in the quarter.
IBM’s stock closed Tuesday 2.4% higher at $129.15 and gained 1.5% in recent after-hours ... Software revenue rose 12% in the latest period, ... with a 2% revenue decline in the March quarter.
We analyzed IBM's software business segment as its market share declined and expect it to grow at a stagnant rate of 1%. Learn more about IBM stock here.
That was not enough to convince investors, however, as the company’s shares dropped 6.7% to $122.98 in extended trading after IBM’s fourth consecutive quarter of sales decline.