IBM's Q2 Earnings & Revenues Beat Estimates on Solid Demand

International Business Machines Corporation (IBM) reported solid second-quarter results, wherein both the bottom and top lines beat the respective Zacks Consensus Estimate. The company witnessed healthy demand trends for hybrid cloud and AI solutions with a client-focused portfolio and broad-based growth and remains firmly on track to reach its targets for 2024.Net IncomeOn a GAAP basis, net income from continuing operations was $1.83 billion or$1.96 per share compared with $1.58 billion or$1.72 per share ...