This week, IBM was among the companies disclosing their recent financial status by releasing their Q4 2024 earnings report. The corporation managed to perform well, with improved earnings-per-share (EPS) and higher revenue during the given quarter.
This week, IBM shared its Q4 2024 earnings figures on its investor relations website. The EPS (Earnings Per Share) reported was $3.92, an adjusted figure, whereas analysts had forecasted $3.75 per share. In terms of revenue, IBM earned $17.55 billion in Q4 2024, slightly surpassing the predicted $17.54 billion.
Over the past few years, IBM has significantly increased its investment in artificial intelligence (AI), as one of the tech industry’s key players. As per IBM’s CEO and Chairman, Arvind Krishna, this investment played a substantial role in boosting the company during the recent quarter.
As a devoted admirer, I’m eagerly awaiting to witness how IBM shapes its journey of transformation and growth in the upcoming quarters. Keep an eye out on our platform for the latest updates on their earnings reports right here at Shacknews.
Read More
- The Last of Us Season 2 Episode 2 Release Date, Time, Where to Watch
- Beauty in Black Part 2 Trailer Previews Return of Tyler Perry Netflix Show
- Paradise Season 2 Already Has a Release Date Update
- Who Is Christy Carlson Romano’s Husband? Brendan Rooney’s Job & Kids
- Who Is Kid Omni-Man in Invincible Season 3? Oliver Grayson’s Powers Explained
- Why Is Ellie Angry With Joel in The Last of Us Season 2?
- What Happened to Daniel Bisogno? Ventaneando Host Passes Away
- Jr NTR and Prashanth Neel’s upcoming project tentatively titled NTRNEEL’s shoot set to begin on Feb 20? REPORT
- Gold Rate Forecast
- Why Was William Levy Arrested? Charges Explained
2025-01-30 02:57