IBM Shares Rise After-Hours as Q3 Revenue Tops Estimates
IBM reported third-quarter revenue and earnings above Wall Street expectations, with steady software expansion and a resurgence in big-ticket mainframe sales. Shares rose 3% after-hours Wednesday.
International Business Machines Corp. (IBM) share price added 3% after-hours on Wednesday after the company reported third-quarter revenue and earnings that beat Wall Street expectations, bolstered by steady software expansion and a resurgence in big-ticket mainframe sales.The firm posted revenue o…