Industry
IBM blows past estimates, but declines to raise full-year forecast, tanking the stock
IBM Corp. reported revenue and earnings that topped analysts’ expectations, but its stock price dropped more than 7% in early after-hours trading as the firm declined to raise full-year estimates. Rev
IBM Corp. reported revenue and earnings that topped analysts’ expectations, but its stock price dropped more than 7% in early after-hours trading as the firm declined to raise full-year estimates. Revenue rose 6%, to 15.9 billion, at constant currency, ahead of analysts’ estimates of 15.62 billion. Earnings per share grew 19%, to $1.91, beating analyst […] The post IBM blows past estimates, but declines to raise full-year forecast, tanking the stock appeared first on SiliconANGLE.
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Source: SiliconANGLE | 2026-04-22