IBM Q3 Revenue $14.8B vs $14.728B Est.
Portfolio Pulse from Benzinga Newsdesk
IBM has reported its Q3 adjusted revenue of $14.8B, slightly above the estimated $14.728B.
October 25, 2023 | 8:09 pm
News sentiment analysis
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POSITIVE IMPACT
IBM's Q3 adjusted revenue has exceeded expectations, which could positively impact the company's stock.
IBM's Q3 revenue has surpassed estimates, which is generally seen as a positive sign by investors. This could lead to increased investor confidence and potentially a rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100