Editor Brian Harrod provides hyper local news for Armonk, NY, that is also continually updated from thousands of sources on the Roundup Newswires Network
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... in the older ones. Returning to revenue growth would be an indicator that IBM has reached this point, and the Armonk, New York-based company reported only a 0.3 percent decline in sales in the third quarter. That's why Dan Morgan, senior portfolio ...
International Business Machines Corp. on Monday reported better-than-expected third-quarter results, thanks to strong growth in cloud and other strategic initiatives. The Armonk, New York-based company earned $2.85 billion, or $2.98 per share.
IBM's steady growth across several strategic businesses, especially its portfolio of cloud-based products and services, balanced out declines in the Armonk, New York-based computing giant's legacy markets. CFO Martin Schroeter told investors on Monday's earnings call that IBM clients are looking for cognitive capabilities, delivered as services in the cloud.
... level of overall investment for some new higher-margin products," said David Holt, an analyst at CFRA Research. The Armonk, New York-based company maintained its full-year adjusted earnings forecast of at least $13.50 per share. The company's ...
... fall. Still, the company saw growth in newer businesses such as cloud computing and artificial intelligence. The Armonk, N.Y., company reported third-quarter earnings Monday, saying revenue for the quarter was $19.23 billion, down 0.3%, as the ...
... fall, though the company saw some growth in newer businesses such as cloud computing and artificial intelligence. The Armonk, N.Y., company reported third-quarter earnings Monday, saying revenue for the quarter was $19.23 billion, down 0.3% but ...
Overall revenue at International Business Machines Corp. edged lower, falling for the 18th consecutive quarter, even as the company saw some growth in newer businesses such as cloud computing and artificial intelligence. The Armonk, N.Y., company reported third-quarter earnings Monday, saying that revenue for the quarter was $19.23 billion, down 0.3%, as the company has attempted to transition into new lines of business as its core products have become increasingly pressured by the move to computing services delivered over the internet.
... positively. IBM ( IBM ) reports third-quarter earnings after the close and investors will be paying attention to the Armonk, N.Y.-based company to see how its transition is going and whether the company's struggles are getting closer to an end. ...