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 Report Wednesday’s fourth quarter income This exceeds Wall Street’s expectations for income and income.
Stocks rose 10 % in extended transactions, and then gave up the income and settled at more than 6 %.
This is the way the company is expected to consensus with LSEG:
- Earnings per share: $ 3.92, adjusted, and expected $ 3.75
- income: 17.55 billion US dollars, expected to be 17.45 billion US dollars
The net income of IBM reports is US $ 2.92 billion, or a net income of $ 3.29 billion or $ 3.55 per share, or $ 3.55 per share.
IBM said that it is expected to adjust the annual growth according to the currency, and the free cash flow in 2025 is about 5 % and $ 13.5 billion.
In this quarter, IBM’s total revenue increased by 1 %. Throughout the year, IBM’s revenue increased by 1 % to $ 62.8 billion, software increased by 8 %, and infrastructure revenue fell by 4 %.
IBM said that its software segmentation has increased by 10 % year -on -year, partly due to the demand for artificial intelligence technology and its strong performance of its Red Hat Linux operating system.
In this quarter, the income of the IBM consulting department fell 2 % to $ 5.2 billion.
IBM CEO Arvind Krishna said in a statement that the company’s generating AI business has recorded $ 5 billion in booking, including the sales and future sales of the company’s software and consulting departments.
In a statement, Krisner said: “In the software of this quarter, the software revenue of this quarter increased the double -digit revenue growth.
