February 14, 2018 IBM believes it is the backbone of the world s economy and has told its services staff to hold their heads high and behave accordingly as the company rolls out new services offerings it hopes will let it dodge the implosion of outsourcing. But the company s plans are far from finished and staff have been toldÃÂ .
The tech giant performed better than expected in fiscal Q1.
IBM shares were over 3% up in after-hours trading on Monday.
International Business Machines Inc. (NYSE: IBM) reported an unexpected increase in its first-quarter revenue on Monday. The company said that its financial performance in Q1 was better than what analysts had anticipated.
IBM shares were reported more than 3% up in after-hours trading on Monday. The stock is now exchanging hands at £98.23 per share. In comparison, International Business machines had started the year at a per-share price of a lower £88.61.
IBM’s Q1 financial results versus analysts’ estimates
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