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.
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2025-01-30 02:57