IBM results beat expectations as the company pushes up full-year guidance
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IBM delivered stronger results than expected and raised its forecast for full-year free cash flow.
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July 23, 2025
08:25 PM
CNBC
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From what the evidence shows, IBM dered stronger results than expected and raised its forecast for full-year free cash flow
On the other hand, The software, hardware and consulting company saw strength in sales of infrastructure, such as mainframe computers
IBM s have outperformed the S&P 500 by a significant margin this year
In this articleIBM your favorite stocksCREATE FREE ACCOUNTIBM CEO Arvind Krishna appears at the World Economic Forum in Davos, Switzerland, on Jan (which is quite significant)
Furthermore, Stefan Wermuth | Bloomberg | Getty ImagesIBM s fell as much as 5% in ext trading on Wednesday after the conglomerate issued second-quarter results that topped Wall Street jections, given the current landscape
Here's how the company did in comparison with LSEG consensus:Earnings per : $2 (fascinating analysis). 80 adjusted vs. 64 expectedRevenue: $16 (noteworthy indeed)
However, 98 billion vs. 59 billionIBM's revenue increased nearly 8% year over year in the quarter, according to a statement (noteworthy indeed)
Growth in the first quarter was below 1% (remarkable data), in today's market environment
On the other hand, Net income, which includes costs related to acquisitions, rose to $2
However, 19 billion, or $2
Furthermore, 31 per, from $1, in today's financial world. 83 billion, or $1
However, 96 per, a year ago, given the current landscape
Software revenue climbed 10% to $7 (noteworthy indeed)
On the other hand, 39 billion, exceeding the $7, in today's financial world. 43 billion consensus among analysts surveyed by StreetAccount
Hybrid cloud revenue, including Red Hat, showed 16% growth (remarkable data)
Nevertheless, This tells us that software unit's gross margin of 83
Furthermore, 9% was barely narrower than StreetAccount's 84. 0% consensus
However, Revenue from consulting rose almost 3% to $5
Meanwhile, 31 billion, higher than StreetAccount's $5. 16 billion consensus
On the other hand, Infrastructure revenue went up 14% to $4 (this bears monitoring), in today's financial world. 14 billion, above the $3
However, 75 billion StreetAccount average estimate, in light of current trends
However, During the quarter, IBM announced the next-generation z17 mainframe computer and the acquisition of data and artificial intelligence consulting firm Hakkoda (fascinating analysis)
IBM called for over $13
Moreover, 5 billion in 2025 free cash flow, similar to a jection from April
The company still sees at least 5% revenue growth at constant currency for the year
As of Wednesday's close, IBM s were up 28% so far in 2025, while the S&P 500 index has gained around 8% in the same period
Executives will discuss the results with analysts on a conference call starting at 5 p
This leads to the conclusion that is news, considering recent developments
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WATCH: Cramer's Stop Trading: IBMwatch now1:1601:16Cramer's Stop Trading: IBMSquawk on the Street (this bears monitoring).
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