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IBM had 15 of its federal contracts canceled due to DOGE-related cuts during the first quarter of 2025, according to reporting from Reuters and Bloomberg. These cuts amount to $100 million in future ...
On April 23, 2025, IBM released its Q1 earnings results and updated its guidance for the full year. IBM is one of the few public companies that provides its free cash flow (FCF) results and also ...
Technology and consulting giant IBM (NYSE:IBM) reported in Q1 CY2025, but sales were flat year on year at $14.54 billion. Guidance for next quarter’s revenue was better than expected at $16.56 ...
‘While it is still very early in the second quarter, we have not seen a material change in client buying behavior,’ IBM CEO Arvind Krishna said on the call. Despite the cuts to IBM’s federal ...
IBM's Q1 2025 results were strong, driven by robust performance in Software and Infrastructure, despite Consulting's drag due to macro uncertainties. Red Hat's open-source platform significantly ...
IBM said uncertainty in the economic environment and federal government spending cuts could cause clients to pull back on ...
But then IBM announced its Q1 2025 results yesterday, and its stock sank after hours. And today, as of the time of this writing, IBM shares are down more than 6.75% in premarket trading.
Technology and consulting giant IBM (NYSE:IBM) will be reporting results tomorrow after the bell. Here’s what to look for. IBM met analysts’ revenue expectations last quarter, reporting ...
International Business Machines Corporation IBM is scheduled to report first-quarter 2025 earnings on April 23. The Zacks Consensus Estimate for sales and earnings is pegged at $14.45 billion and ...