IBM Arvind Krishna Chairman, president and CEO participated in the 55th World Economic Forum (WEF) meeting held in Davos, Switzerland on January 22, 2025.
Yves Herman | Reuters
IBM It soared 14 % after one on Thursday Strong fourth quarter print This shows that the growth of artificial intelligence has increased its software business.
The move of the stock reached the best day since July 20, 2000, when the stocks were 13 % popular at the time.
The company’s post -adjusted income was $ 3.92 per share. After the bells of Wednesday, the revenue was adjusted by $ 17.55 billion. LSEG voting analysts predict that the income per share will be $ 3.75 and the income will reach 17.54 billion US dollars.
IBM reports that the overall income has increased by 1 %. Due to the demand for artificial intelligence and its demand for the operating system called Red Hat Linux, its software units have increased by 10 % year -on -year. CEO Arvind Krishna also said that the company provided a $ 5 billion booking amount for its reservation in the AI ​​field.
In a statement, he said: “In this quarter’s software, we increased their double -digit revenue growth, led by the further acceleration of the red hat.” “Global customers continue to help IBM and AI for transformation.”
Since the beginning of this year, IBM’s stock price has risen 18 %.
