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IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ after hours (Jordan Novet/CNBC)
Jordan Novet / CNBC: IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ after hours — IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. The stock slipped 2% in extended trading.
Jordan Novet / CNBC:
IBM reports Q1 revenue up 0.6% YoY to $14.54B, vs. $14.4B est., and says DOGE delayed or nixed 15 of its federal contracts; IBM drops 6%+ after hours — IBM reported better-than-expected earnings and revenue for the first quarter on Wednesday. The stock slipped 2% in extended trading.
