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IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours (Brody Ford/Bloomberg)
Brody Ford / Bloomberg: IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours — - Software business revenue gained 10%, fueled by Red Hat — IBM gives a forecast for free cash flow that tops estimates
Brody Ford / Bloomberg:
IBM reports Q4 revenue up 1% YoY to $17.6B, vs. $17.5B est., bookings for AI consulting and software crossed $5B, up from $3B in Q3; IBM jumps 8%+ after hours — - Software business revenue gained 10%, fueled by Red Hat — IBM gives a forecast for free cash flow that tops estimates
