"Performance" IBM's third-quarter revenue exceeds expectations, but stock price falls 5% after hours

AASTOCKS
2025.10.22 20:36

IBM (IBM.US) announced that its adjusted earnings per share for the third quarter were $2.65, a year-on-year increase of 15%, exceeding market expectations of $2.45. Revenue grew by 9% to $16.3 billion, also surpassing the expected $16.1 billion. Despite the company raising its annual guidance, the stock price fell 5% in after-hours trading.

During the quarter, software revenue grew by 10% to $7.21 billion, roughly in line with expectations. As for the artificial intelligence business, its current scale has exceeded $9.5 billion.

IBM currently expects full-year revenue growth to exceed 5%, with full-year free cash flow expected to be around $14 billion, up from the previous forecast of $13.5 billion

Source: AASTOCKS The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.