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IBM revenue grows for second straight quarter, cheering investors SHARE IBM Corp. provided the best evidence yet today that it’s back on a growth track, reporting second-quarter revenue rose 3% from a year ago. Revenue of $18.75 billion was actually flat when adjusted for currency fluctuations and divested businesses, but it was still well ahead of analysts’ estimates of $18.29 billion. Adjusted earnings rose 7% from a year ago, to $2.33 a share, slightly better than analysts’ estimates of $2.31 a share. It was IBM’s second straight quarter of revenue growth, something that has been in short supply for the computing giant lately. Prior to the first quarter, IBM had reported declining revenue for four quarters in a row and 30 of the past 34 quarters.

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