IBM Posts First Annual Revenue Gain in 7 Years
The 2018 revenue growth reflected "growing demand for our services and leadership solutions in hybrid cloud, AI, analytics, and security."
‘Strategic Imperatives’ Drive IBM’s Q2 Growth
"We've done the work to reposition our company. We are seeing our investments ... now paying off," CFO James Kavanaugh says.
IBM Beats Q1 Estimates But Stock Dives 5.7%
“In a nutshell, patience is wearing thin on the Street around the IBM turnaround story, which continues to be elusive,” one analyst says.
IBM Stock up 5% on Renewed Turnaround Hopes
In Q3, Big Blue almost ended its long drought in revenue growth and beat analysts' estimates on revenue across all its main business segments.
IBM Shares Sink on Unexpected Revenue Drop
Investors express their impatience with the pace of IBM's turnaround effort by sending its shares down nearly 5% to $161.84.