From Financial Modeling Prep: 2025-01-30 11:29:00

International Business Machines (NYSE:IBM) saw a 13% surge in shares after beating analyst expectations with fourth-quarter earnings. Revenue hit $17.6 billion, just below projections but up 1% from last year. Software revenue grew 10%, while consulting dipped 2% to $5.2 billion. AI projects are driving demand despite the decline.

IBM’s adjusted earnings per share reached $3.92, surpassing expectations of $3.80. Free cash flow for the quarter hit $6.16 billion, exceeding forecasts and boosting investor confidence in the company’s financial stability.

For 2025, IBM forecasts revenue growth of at least 5% in constant currency, up from 3% in 2024. Free cash flow is projected to reach around $13.5 billion, reflecting ongoing momentum in AI and cloud initiatives. The company’s optimistic outlook is fueling investor enthusiasm for its future prospects.



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