IBM first-quarter results beat estimates

(CNBC) IBM shares rose 3% in extended trading on Tuesday after the technology services company issued first-quarter results that beat expectations. Here’s how the company did:

  • Earnings: $1.40 per share, adjusted, vs. $1.38 per share as expected by analysts, according to Refinitiv.
  • Revenue: $14.2 billion, vs. $13.85 billion as expected by analysts, according to Refinitiv.

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