IBM Raises Free Cash Flow Outlook Following Q3 Revenue Acceleration
International Business Machines (IBM) reported an acceleration in third-quarter revenue growth, reaching 6%, which exceeded the company's previous guidance issued in July. CEO Arvind Krishna attributed this performance to broad momentum across various business segments. Looking ahead, IBM has updated its financial outlook, projecting revenue growth of 4% to 5% for 2026. Most notably, the company raised its free cash flow growth expectations, now anticipating more than $1 billion in growth. This guidance suggests strengthening operational efficiency and robust capital generation capabilities.
Tickers: $IBM
Topics: earnings report quarterly results revenue growth
Read the full article at Seeking Alpha
Part of the story Tesla Reports Q3 Earnings with Improved Free Cash Flow Amid High Valuation Concerns (4 articles)