IBM reports Q3 revenue up 4.6% YoY to $14.75B, vs. $14.73B est., net income of $1.7B, vs. a $3.20B net loss YoY, and software revenue up 7.8% YoY to $6.27B (Jordan Novet/CNBC)

October 25, 2023

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Jordan Novet / CNBC:

IBM reports Q3 revenue up 4.6% YoY to $14.75B, vs. $14.73B est., net income of $1.7B, vs. a $3.20B net loss YoY, and software revenue up 7.8% YoY to $6.27B — – IBM’s third-quarter results surpassed estimates on the top and bottom lines. — To reach its target for 2023 …

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