IBM forecasts full-year profit above estimates on cloud growth

IBM forecasts full-year profit above estimates on cloud growth

4 years ago
Anonymous $yQ5BfQaAxy

https://www.reuters.com/article/us-ibm-results/ibm-forecasts-full-year-profit-above-estimates-on-cloud-growth-idUSKBN1ZK2P5

International Business Machines Corp forecast full-year profit above market expectations on Tuesday after reporting surprise growth in quarterly revenue, boosted by its high-margin cloud computing business, sending its shares up more than 4%.