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DPA International on MSNIBM outperforms in Q1, flags 'wait-and-see' mood on US tariffsComputer giant IBM on Wednesday said it has not seen significant changes in customers' purchasing patterns coming from the US ...
IBM had 15 of its federal contracts cancelled due to DOGE-related cuts during the first quarter of 2025, according to ...
This move closely follows a similar directive issued earlier this month to the company’s US cloud division, requiring those ...
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Cryptopolitan on MSNIBM hit by 15 contract cancellations linked to DOGE cost cutsInternational Business Machines Corp. (IBM) shed more than 6 % in after‑hours trading on Wednesday after disclosing that 15 U ...
IBM reports robust software revenue and cash flow, while navigating challenges in consulting and infrastructure amid a ...
IBM maintained its full-year guidance of 5%+ revenue growth and $13.5 billion in free cash flow. The company expects Q2 revenue of $16.4 billion to $16.75 billion, with constant currency growth of at ...
IBM (IBM) shares slipped 5% during early post-market action after Big Blue reported its first quarter 2025 financial results.
For 2025, IBM reiterated its expectation for $13.5 billion in free cash flow and 5% revenue growth at constant currency.
According to reports, IBM had 15 of its government contracts cancelled as a result of unfettered cost cutting by DOGE.
IBM executives say DOGE, tariffs have minimal impact on revenue streams. Federal spending cuts are hitting IBM, executives told analysts Wednesday on an earnings call after markets closed. But they're ...
IBM CFO Jim Kavanaugh told the media DOGE recommendations to the White House caused 15 of its contracts with government ...
Executives said IBM is well-positioned to withstand a trade war, with just 5% of its spending on imported goods. Federal ...
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