Worldwide Enterprise Machines Company (NYSE: IBM), a number one IT providers and consulting firm, on Wednesday reported monetary outcomes for the primary quarter of 2025.
The corporate reported revenues of $14.54 billion for the primary quarter, in comparison with $14.46 billion within the corresponding interval of 2024. Adjusted earnings from persevering with operations had been $1.60 per share in Q1, in comparison with $1.68 per share a yr earlier. The underside line exceeded estimates.
On an unadjusted foundation, the corporate posted a web revenue of $1.06 billion or $1.12 per share for the primary quarter, in comparison with $1.61 billion or $1.72 per share within the corresponding quarter final yr.