From Yahoo Finance: 2025-04-24 12:31:00

IBM stock dropped 7.5% despite exceeding Q1 expectations. Sales were $14.54 billion, beating analyst forecasts of $14.39 billion. While Red Hat business boosted software sales by 7%, consulting and infrastructure segments saw declines. IBM expects Q2 sales of $16.4-16.75 billion, with annual growth of at least 4%. AI consulting growth remains uncertain.



Read more at Yahoo Finance: Why IBM Stock Is Sinking Today