
IBM (NYSE: IBM) returned non-GAAP EPS of $1.81 for the third quarter, beating the consensus of $1.78. It posted third-quarter revenue of $14.11 billion (+6% Y/Y), beating analyst consensus of $13.55 billion.
Earnings Breakdown:Software revenue increased 7.5% to $5.8 billion (up 14% at constant currency, with approximately 8 points from sales to Kyndryl), consulting revenue increased 5.4% to $4.7 billion (at constant currency by 15.6%) and infrastructure …































