In Global Technology Services, revenue fell 5.5% while sales from Global Business Services dropped 2.6%. Systems, which includes hardware and operating systems software, saw sales decline 18%.

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 ...

IBM stock slips as software sales slumped in March due to coronavirus First-quarter earnings beat, but outlook pulled on uncertainty Published: April 21, 2020 at 6:27 a.m. ET ...

IBM reported a 3 percent decline in second-quarter revenue as hardware and service revenue fell and software sales were flat. But, IBM executives pointed to solid growth in net income, up 6 ...

On an adjusted basis, however, segment revenues grew 30%, reflecting a long awaited sales of its new z-Systems mainframe offering (up 130%). See our full analysis on IBM. Software Revenues Decline.

IBM’s profit fell 38% as it suffered its fifth consecutive quarter of lower sales. Revenue decline was fifth in a row and its 27th overall under CEO ... IBM reported sales of $18.03 billion, ...

IBM carries a sizable debt load, measuring $55 billion as of December 2024. However, this debt load is supported by substantial free cash flow generation, which was $12.7 billion in 2024 and is ...

IBM's total revenue will likely decline this year, mostly because of a significant currency headwind, but also because of slumping mainframe sales. But next year will look a whole lot better. 10 ...

Sales from cloud and cognitive, which houses IBM’s software offerings and its biggest unit, declined 4.5% to $6.8 billion after two years of growth.