IBM Shares Rise Following Third Quarter Revenue Beat Driven by Software and Infrastructure
IBM shares climbed 4.5% in post-market trading following the release of its third-quarter fiscal 2026 earnings report. The company outperformed market expectations, driven primarily by strong performance within its software and infrastructure segments. For the quarter ending September 30, IBM reported adjusted earnings per share (EPS) of $2.95, surpassing consensus estimates. This growth highlights the company's successful pivot toward high-margin software services and robust demand for its core technological infrastructure.
Tickers: $IBM
Topics: earnings report fiscal results stock price movement
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