IBM: Q1 Earnings Snapshot

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International Business Machines Corp. (IBM) reported a first-quarter profit of $1.22 billion, with adjusted earnings of $1.91 per share, surpassing Wall Street expectations of $1.81 per share. The technology and consulting company also exceeded revenue forecasts, posting $15.92 billion against an expected $15.68 billion. This positive performance highlights IBM’s strong start to the fiscal year.

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