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IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ after hours


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2025-04-23 23:12:07
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Cybersecurity Business

Jordan Novet / CNBC:

IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ after hours  —  IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday.  The stock slipped 2% in extended trading.




Jordan Novet / CNBC:

IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ after hours  —  IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday.  The stock slipped 2% in extended trading.



Source: TechMeme
Source Link: http://www.techmeme.com/250423/p46#a250423p46


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